2006 Nebraska Revised Statutes - § 79-1030 — Unused budget authority; carried forward.

Section 79-1030
Unused budget authority; carried forward.
Section 79-1030


A Class II, III, IV, V, or VI district may choose not to increase its general fund budget of expenditures by the full amount of its applicable allowable growth rate. In such cases, the department shall calculate the amount of unused budget authority which shall be carried forward to future budget years so a Class II, III, IV, V, or VI district may increase its general fund budget of expenditures in future budget years by the amount of such total unused budget authority in addition to its applicable allowable growth rate for the specific budget year.


Source:
    Laws 1990, LB 1059, § 21

    R.S.1943, (1994), § 79-3821

    Laws 1996, LB 900, § 676

    Laws 1998, LB 989, § 13

    Laws 1998, Spec. Sess., LB 1, § 32

    Laws 2006, LB 1024, § 91.



~ Revised Statutes Cumulative Supplement, 2006

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