(a) This chapter does not create a debt of the state. Each district shall establish, maintain, and operate under a balanced budget. The state is not responsible for the debts of a school district. (b) Money to carry out the provisions of this chapter may be appropriated annually by the legislature into the public education […]
(a) [See delayed amendment notes.] For purposes of this chapter, the determination of the number of schools in a district is subject to the following: (1) a community with an ADM of at least 10, but not more than 100, shall be counted as one school; (2) a community with an ADM of at least […]
(a) Each district shall maintain complete financial records of the receipt and disbursement of state aid, money acquired from local effort, and other money received or held by the district. The records must be in the form required by the department and are subject to audit by the department at a time and place designated […]
The department shall adopt regulations necessary to implement this chapter.
In this chapter, unless the context requires otherwise, (1) “ADM or average daily membership” means the aggregate number of full-time equivalent students enrolled in a school district during the student count period for which a determination is being made, divided by the actual number of days that school is in session for the student count […]
