2005 Idaho Code - 33-702 — SCHOOL WARRANTS -- HOW DRAWN

                                  TITLE  33
                                  EDUCATION
                                  CHAPTER 7
                      FISCAL AFFAIRS OF SCHOOL DISTRICTS
    33-702.  SCHOOL WARRANTS -- HOW DRAWN. Whenever the board of trustees has
approved and ordered payment of salaries, wages, or other claims against the
school district, and the same is not paid by regular bank check, the clerk of
the board of trustees shall issue a school district warrant, or order for
warrant drawn against the appropriate fund, and shall sign the same.
    The clerk of the board of trustees of any elementary school district with
less than six (6) teachers within the district shall execute an order for
warrant or warrants in duplicate, and present the same to the county auditor
of the county, or of the home county, in which the district lies. The county
auditor shall thereupon issue his warrant drawn against the school district
fund as shown by the order for warrant.
    All warrants so issued shall be presented to the treasurer of the school
district for payment by the persons holding the same. If there is insufficient
money to the credit of the fund on which the warrant is drawn, the treasurer
shall endorse on the back of said warrant, "Not paid for want of funds" and
hand the same to the person presenting the warrant for payment. Warrants so
endorsed by the treasurer shall bear interest at a rate to be specified by the
board of trustees of the school district.
    Warrants issued by, or in behalf of, any school district shall be paid in
the order of their issuance from funds accruing for the year in which they are
issued. After all outstanding indebtedness for general school purposes for any
one (1) year has been paid, any balance in the general school fund for that
year shall be transferred to a warrant redemption fund for payment of any
registered warrants. Where there is no outstanding indebtedness for general
school purposes, nor any registered warrants, any such balance may be used for
the payment of current expenses for the next fiscal year.