13-16-26.4. Transfer of certain special education funds to carry out activities under Elementary and Secondary Education Act.
Notwithstanding the provisions of §13-16-26, as provided by 20 U.S.C. §1413 as amended through July 1, 2005, in any fiscal year in which a school district is allocated federal IDEA funds greater than the allocation received in the prior fiscal year, the school district may transfer local special education funds in an amount not greater than fifty percent of the annual increase in the federal IDEA allocation to any other fund to carry out activities that could be supported with funds under the Elementary and Secondary Education Act of 1965.
Source: SL 2010, ch 86, §1, eff. Feb. 8, 2010.
Structure South Dakota Codified Laws
Chapter 16 - School District Funds And Accounts
Section 13-16-1 - Sources of school district funds.
Section 13-16-2 - Funds to comport with generally accepted accounting principles.
Section 13-16-3 - General fund defined.
Section 13-16-6 - Capital outlay fund--Definition--Uses--Levy.
Section 13-16-6.2 - Capital outlay certificates authorized--Issuance--Sale--Election--Maturity.
Section 13-16-7.2 - Maximum taxes--Pledge of taxes.
Section 13-16-7.3 - Maximum pledge of taxes--Limitations.
Section 13-16-7.4 - Maximum pledge of taxes--Transition.
Section 13-16-8 - Bond and certificate proceeds placed in capital outlay fund.
Section 13-16-9 - Expenditure of money from capital outlay fund.
Section 13-16-9.1 - Validation of prior school district contracts.
Section 13-16-9.2 - Five-year plan required when fund used to construct new facilities or additions.
Section 13-16-9.3 - Public hearing for use of capital outlay fund--Notice.
Section 13-16-13 - Tax proceeds paid into bond redemption fund--Purposes for which used.
Section 13-16-14 - Restriction on transfers from bond redemption fund.
Section 13-16-15 - Designation of depositories for school district--Resolution.
Section 13-16-15.1 - Domestic savings and loan associations as official depositories--Restrictions.
Section 13-16-18.1 - Domestic federal credit union as public depository--Requirement.
Section 13-16-19 - Custodial funds--Stewardship--Designation of employee--Surety bond.
Section 13-16-21 - Custodial funds--Monthly and annual reports--Audits.
Section 13-16-24 - Unlawful contracts and warrants void.
Section 13-16-26 - Transfers between school district funds.
Section 13-16-26.2 - Transfers from general fund--Prohibited--Exceptions.
Section 13-16-28 - Audit of school district books called by state, school board, or voters.
Section 13-16-30 - Title VIII of the Elementary and Secondary Education Act fund.
Section 13-16-31 - Transfers from Title VIII fund.
Section 13-16-32 - Special education fund--Legal costs allowable expenditures.