§ 37-61-21. Revision of budget
If it should appear to the superintendent of schools or the school board of any school district that the amounts to be received from state appropriations, taxation or any other source will be more than the amount estimated in the budget filed and approved, or if it should appear that such amounts shall be less […]
§ 37-61-23. Superintendents’ books of accounts
The superintendent of schools of each school district shall open and keep regular sets of books, as prescribed by the State Department of Education, which shall be subject to inspection during office hours by any citizen so desiring to inspect the same. The books for each fiscal year shall be kept separately and same shall […]
§ 37-61-27. Penalty for failure to effect publication
If any member of the school board or the superintendent of schools disbursing and handling school funds shall fail, refuse or neglect to comply with the provisions of Section 37-61-9, he shall, upon conviction, be guilty of a misdemeanor and shall be fined not more than Five Hundred Dollars ($500.00) for such failure, refusal or […]
§ 37-61-29. Audit of school funds
The state department of audit is hereby authorized and empowered to post-audit and investigate the financial affairs and all transactions involving the school funds of the county including the minimum education program fund and supplementary district school funds, and to make separate and special audits thereof, as now provided by Sections 7-7-201 through 7-7-215, Mississippi […]
§ 37-61-31. Chickasaw school fund
The boards of supervisors of the various counties in Mississippi which are entitled to share in the distribution of the Chickasaw school funds, are hereby authorized and empowered to make settlement with any separate school district in said counties which has received more or less than its proportionate part of said funds, and the boards […]
§ 37-61-33. Education Enhancement Fund; appropriations from fund; certain funds from working cash-stabilization reserve fund transferred to education enhancement fund; school district procurement cards
There is created within the State Treasury a special fund to be designated the “Education Enhancement Fund” into which shall be deposited all the revenues collected pursuant to Sections 27-65-75(7) and (8) and 27-67-31(a) and (b). Of the amount deposited into the Education Enhancement Fund, Sixteen Million Dollars ($16,000,000.00) shall be appropriated each fiscal year […]
§ 37-61-35. School Ad Valorem Tax Reduction Fund
There is hereby created a special fund in the State Treasury to be designated School Ad Valorem Tax Reduction Fund into which proceeds collected pursuant to Sections 27-65-75(7) and 27-67-31(a) shall be deposited. Beginning with the 1994 state fiscal year, the entire amount of monies in such special fund shall be appropriated annually to the […]
§ 37-61-37. Mississippi Public Education Support Fund
There is established in the State Treasury a fund known as the “Mississippi Public Education Support Fund” (hereinafter referred to as “fund”). The fund shall consist of monies required to be deposited therein under Section 27-19-56.34, and such other monies as the Legislature may authorize or direct to be deposited into the fund. Monies in […]
§ 37-61-19. Expenditures shall be limited to budgeted amounts; personal liability for excess
It shall be the duty of the superintendents of schools and the school boards of all school districts to limit the expenditure of school funds during the fiscal year to the resources available. It shall be unlawful for any school district to budget expenditures from a fund in excess of the resources available within that […]
§ 37-61-1. “Fiscal year” and “scholastic year” defined
The “fiscal year” of all school districts of this state shall commence on July 1 and end on June 30 of each year. The “scholastic year” of the public schools of this state shall likewise commence on July 1 and end on June 30 of each year.