There is a newer version of the South Dakota Codified Laws
2010 South Dakota Code
Title 13 - EDUCATION
Chapter 16 - School District Funds And Accounts
- Section 13-16-1 - Sources of school district funds.
- Section 13-16-2 - Types of funds enumerated.
- Section 13-16-3 - General fund defined.
- Section 13-16-4 - Lease payments from general fund in federally affected areas--Purchase on option made from capital outlay fund.
- Section 13-16-5 - Repealed.
- Section 13-16-6 - Definition and purposes of capital outlay fund--Levy required.
- Section 13-16-6.1 - Bidders on installment purchases or lease-purchase agreement to state interest rate and installment schedule.
- Section 13-16-6.2 - Capital outlay certificates authorized--Issuance--Sale--Election--Maturity.
- Section 13-16-6.3 - Hearing on installment purchase, lease-purchase or capital outlay certificates--Approval or reference to voters.
- Section 13-16-6.4 - Referendum petition and election on installment purchase or capital outlay certificates.
- Section 13-16-7 - Additional tax levy for certain funds or obligations--Pledge to payment of installments or certificates--Remedies for enforcement.
- Section 13-16-7.1 - Certain pension, capital outlay, and special education tax levy limitations not applicable to certain school districts.
- 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 prior to advertising contract specifications if bidding required--Notice--Additional hearing when original use of fund changed.
- Section 13-16-10 - Annual levy to pay school district bonds--Irrepealable--Exclusive of maximum levy.
- Section 13-16-11 - Levy of annual tax for school district bonds--Reduction on accumulation of surplus in bond redemption fund.
- Section 13-16-12 - Refunding bond proceeds placed in bond redemption fund--Reduction of annual tax levy.
- 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.
- Sections 13-16-16, 13-16-17 - Repealed
- Section 13-16-18 - Deposit and investment of fund accumulations--Crediting of interest--Maturity of bond redemption fund investments--Filing of resolutions.
- Section 13-16-18.1 - Domestic federal credit union as public depository--Requirement.
- Section 13-16-19 - Stewardship of trust and agency funds--Designation of district employee in charge--Surety bond.
- Section 13-16-20 - Disbursements authorized--Records, receipts, expenditures, and claims--Serially numbered ticket sales record--Destruction of record.
- Section 13-16-21 - Monthly and annual reports on trust or agency funds--Audit of funds.
- Sections 13-16-22, 13-16-23 - Repealed
- Sections 13-16-24, 13-16-25 - Unlawful contracts and warrants void--Personal liability of school board members--Recording of dissent by member. Repealed
- Section 13-16-26 - Transfers between school district funds.
- Section 13-16-26.1 - Repealed.
- Section 13-16-26.2 - Transfer from general fund to capital outlay fund prohibited.
- Section 13-16-26.3 - Transfer of moneys between funds in newly consolidated districts--Restrictions--Reversion of funds--Promulgation of rules.
- Section 13-16-26.4 - Transfer of certain special education funds to carry out activities under Elementary and Secondary Education Act.
- Section 13-16-27 - Repealed.
- Section 13-16-28 - Audit of school district books called by state, school board, or voters.
- Section 13-16-29 - School district repayment fund created--Pledge of revenues--Creation of sub-funds or accounts.
- Section 13-16-30 - P.L. 103-382, title VIII fund defined.
- Section 13-16-31 - Transfers out of P.L. 103-382, title VIII fund.
- Section 13-16-32 - Special education fund--Legal costs allowable expenditures.
- Section 13-16-33 - School annual financial reports.
- Section 13-16-34 - Omitted.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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