US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Arizona Revised Statutes » Title 15 - Education » Chapter 10 - SCHOOL DISTRICT FUNDS AND RELATED OPERATIONS » Article 1 - Revolving Funds; School Plant, Insurance Proceeds, Unemployment Compensation, Civic Center School and Permanent Teacherage Funds

§ 15-1101 – Revolving funds; purpose and manner of procuring

15-1101. Revolving funds; purpose and manner of procuring A. If the activities of a school district require immediate cash outlays for items including postage, freight, express, fuel taxes, parcel post, travel or other minor disbursements but not including salaries or wages, which are proper as ultimate claims for payment from school district school funds, the […]

§ 15-1102 – Disposition of proceeds from sale or lease of school property; school plant monies; payment of bonded indebtedness; definition

15-1102. Disposition of proceeds from sale or lease of school property; school plant monies; payment of bonded indebtedness; definition A. The governing board, or the superintendent or chief administrative officer with the approval of the governing board, may expend the proceeds from the sale or lease of school property for the payment of any outstanding […]

§ 15-1103 – Insurance proceeds fund; disposition of proceeds

15-1103. Insurance proceeds fund; disposition of proceeds A. Monies received for and derived from insurance losses shall be deposited with the county treasurer who shall credit the deposits to the insurance proceeds fund of the respective school district. The insurance proceeds fund of a school district is a continuing fund that is not subject to […]

§ 15-1104 – Unemployment compensation fund

15-1104. Unemployment compensation fund Unemployment compensation monies shall be deposited with the county treasurer who shall credit the deposits to the unemployment compensation fund of the respective school district. The unemployment compensation fund of a school district is a continuing fund not subject to reversion, except that any monies in the fund determined by the […]

§ 15-1105 – Lease of school property; immunity; civic center school fund; reversion to school plant fund; definitions

15-1105. Lease of school property; immunity; civic center school fund; reversion to school plant fund; definitions A. The governing board, or the superintendent or chief administrative officer with the approval of the governing board, may lease school property, including school buildings, grounds, buses and equipment, to any person, group or organization for any lawful purpose, […]

§ 15-1106 – Permanent teacherage fund; uses; definition

15-1106. Permanent teacherage fund; uses; definition A. A school district governing board, or the superintendent or chief administrative officer with the approval of the governing board, may establish a permanent teacherage fund. Such fund shall be comprised of proceeds obtained from the lease of teacherages within the school district. Monies in such fund may be […]

§ 15-1107 – Litigation recovery fund; disposition of proceeds

15-1107. Litigation recovery fund; disposition of proceeds A. Monies received for and derived from settlement of legal controversies or from recovery of costs, attorney fees or damages by a school district in litigation by or against the school district shall be deposited with the county treasurer who shall credit the deposits to the litigation recovery […]

§ 15-1108 – District services fund

15-1108. District services fund A. A school district governing board may establish district services programs to provide goods or services, excluding services provided pursuant to section 15-213, to district schools or departments or other school districts and may charge users on a cost reimbursement basis. Revenues from the operation of a district services program shall […]