13-11-8. Encumbrance of budget unexpended from prior fiscal year--Resolution--Detailed listing.
The school board may by resolution at its first meeting in July encumber that portion of the unexpended budget from the prior fiscal year for which legal obligations were incurred but were not paid. The resolution shall state the budget account and amount encumbered. The business manager shall keep a detailed listing by payee and amount supporting such amount shown in the resolution.
Source: SL 1976, ch 111.
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.