13-11-2. Adoption of annual school budget--Publication--Cash flow--Levy--Changes in budget.
The school board shall prepare a proposed budget for the next fiscal year according to the budgeting standards prescribed by the auditor general for consideration not later than the regular meeting in the month of May. The proposed budget shall be published in the designated official newspaper not later than July fifteenth together with a notice of hearing on the budget. The budget hearing shall be held before August first. Before October first every school board shall approve a budget for the anticipated obligations of each fund, except trust and agency funds, for the school fiscal year. The budget may include an amount to provide cash flow funding according to guidelines prescribed by the auditor general. By resolution the school board shall adopt a levy in dollars sufficient to meet the school budget. Any changes in the proposed budget incorporated into the final budget shall be published in the minutes within thirty days after the final adoption of the budget.
Source: SDC 1939, §15.2327; SL 1941, ch 64, §1; SL 1953, ch 59, §2; SL 1955, ch 41, ch 10, §8; SDC Supp 1960, §15.2208; SL 1971, ch 74, §2; SL 1973, ch 88; SL 1975, ch 132; SL 1976, ch 115, §2; SL 1986, ch 126, §2; SL 1987, ch 128, §1; SL 1995, ch 93; SL 1996, ch 105.
Structure South Dakota Codified Laws
Chapter 11 - School District Tax Levies
Section 13-11-2 - Adoption of annual school budget--Publication--Cash flow--Levy--Changes in budget.
Section 13-11-2.1 - Contingency line item in budget--Maximum--Transfer of funds.
Section 13-11-3.2 - Amendment of budget to utilize unobligated resources.
Section 13-11-3.3 - Levy to be subject to legal dollars and cents limitations.
Section 13-11-4 - District funds appropriated to payment of judgment.
Section 13-11-9 - Levy of district sending students to another district.
Section 13-11-10 - Weighted average tax levy of receiving districts.
Section 13-11-11 - Use of funds raised from levy of sending district.
Section 13-11-12 - 1996B school fiscal half-year.
Section 13-11-13 - Levy authorized to pay judgment against school district.