§ 515. Payment of a deficit
When a demand is made upon a district for the payment of an execution issued against it and the district has no available funds to pay the same, the prudential committee shall borrow funds sufficient to pay such execution and related charges and shall add the debt to the following year’s adopted budget pursuant to 24 V.S.A. § 1523(b). (Amended 1997, No. 71 (Adj. Sess.), § 108, eff. March 11, 1998.)
Structure Vermont Statutes
§ 423. Directors, number, election; term
§ 425. Other town school district officers
§ 426. Duties of the town school district treasurer
§ 471. Application of other laws
§ 475. Statistical information
§ 477. Merger of town and incorporated school districts
§ 478. Prudential committee; vacancies
§ 491. Election; notice to clerk
§ 492. Powers, duties, and liabilities; bonds
§ 496. Books and papers to be turned over to successor
§ 512. Payment of monies collected to treasurer
§ 551. Application of laws to school districts
§ 552. Validation of school districts and bonds voted for school construction
§ 553. Qualification of voters at school district meetings
§ 554. School board meetings; majority vote, quorum, Robert’s Rules, public participation
§ 555. No liability for unauthorized or deficit spending
§ 556. Liability for damage to textbook or learning materials
§ 557. Gratuity or compensation prohibited
§ 558. Eligibility for election to a school board; employment of school board members
§ 560. Condemnation for school purposes
§ 561. Election of school board members; oath; chair; clerk
§ 563. Powers of school boards; form of vote
§ 563a. Prevention, identification, and reporting of child sexual abuse and sexual violence
§ 569. Purple Star Campus designation
§ 570. Harassment, hazing, and bullying prevention policies
§ 570f. Harassment; notice and response
§ 570k. Civil penalty; Judicial Bureau; waiver penalty
§ 570l. Criminal prosecution and civil action
§ 571. Contracts to construct and operate joint schools
§ 572. Joint boards for joint, contract, or consolidated schools