§ 22-44-115. No Obligation in Excess of Appropriation
A board of education of a school district shall not expend any moneys in excess of the amount appropriated by resolution for a particular fund. Repealed. Except as provided otherwise by this section, any obligation of a contract, verbal or written, which requires expenditures contrary to the provisions of subsection (1) of this section shall […]
§ 22-44-115.5. Fiscal Emergency – Effect on Budget
During any budget year, if the board of education of the school district determines that the anticipated revenues specified in the budget and the amounts appropriated in the budget for expenditure exceed the actual revenues available to the school district due, in whole or in part, to action by the general assembly or the governor […]
§ 22-44-116. Malfeasance – Removal
Any school director, officer, or employee of a school district who knowingly and willfully violates any provision of this part 1 or fails to perform any duty required by this part 1 is guilty of malfeasance in office or position of employment and, upon conviction thereof, the court shall order that such school director, officer, […]
§ 22-44-119. Fiscal Emergency Restricted Reserve
For the 2009-10 budget year, each school district and the state charter school institute shall budget a total dollar amount determined by the department of education to a fiscal emergency restricted reserve in the general fund. The amount budgeted by each school district and the state charter school institute shall be released for expenditure by […]
§ 22-44-201. Short Title
This part 2 shall be known and may be cited as the “Financial Policies and Procedures Act”. Source: L. 73: R&RE, p. 1298, § 1. C.R.S. 1963: § 123-42-1.
§ 22-44-202. Legislative Declaration
It is the purpose of this part 2 to develop for the public schools a program-oriented budget format which will relate anticipated costs and actual costs to designated programs. Source: L. 73: R&RE, p. 1298, § 1. C.R.S. 1963: § 123-42-2.
§ 22-44-203. Adoption and Compatibility of Handbook
The state board of education shall have the authority to adopt a financial policies and procedures handbook that will meet the needs of the existing statutes and of such other rules and regulations as may be necessary to fulfill the intent of this part 2. Repealed. Source: L. 73: R&RE, p. 1298, § 1. C.R.S. […]
§ 22-44-204. Use of Handbook by School Districts
Repealed. The financial policies and procedures handbook adopted by the state board of education shall be used by every school district in this state in the development of the budget for the district, in the keeping of financial records of the district, and in the periodic presentation of financial information to the board of education […]
§ 22-44-206. Administration
This part 2 shall be administered by the state board of education. The state board of education has the authority to adopt reasonable rules and regulations for the administration of this part 2. Source: L. 73: R&RE, p. 1299, § 1. C.R.S. 1963: § 123-42-6.
§ 22-44-301. Short Title
This part 3 shall be known and may be cited as the “Public School Financial Transparency Act”. Source: L. 2010: Entire part added, (HB 10-1036), ch. 79, p. 267, § 1, effective April 12.