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2013 South Dakota Codified Laws
Title 13 - EDUCATION
Chapter 11 - School District Tax Levies
§ 13-11-2.1 Contingency line item in budget--Maximum--Transfer of funds.


SD Codified L § 13-11-2.1 (2013) What's This?

13-11-2.1. Contingency line item in budget--Maximum--Transfer of funds. In preparing the school district budget, the school board may include a line item for contingencies. The line item shall be included in the annual budget and shall not exceed five percent of the total school district budget. The school board may by resolution transfer contingency funds to any budget category except capital outlay.

Source: SL 1977, ch 119, § 3.

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