US Lawyer Database

§ 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 Repealed.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 […]

§ 22-44-108. Preparation of Budget

The board of education shall each year cause to be prepared a proposed budget for the ensuing fiscal year. A statement shall be submitted with the proposed budget describing the major objectives of the educational program to be undertaken by the school district during the ensuing fiscal year and the manner in which the budget […]

§ 22-44-109. Notice of Budget – Publication

Within ten days after submission of the proposed budget, the board of education shall cause to be published a notice stating that the proposed budget is on file at the principal administrative offices of the school district; that the proposed budget is available for inspection during reasonable business hours; that any person paying school taxes […]

§ 22-44-110. Budget – Consideration – Adoption

Any person paying school taxes in the school district is entitled to attend the meeting of the board of education at which the proposed budget for the district will be considered. At such meeting, the board shall review the functions and objects of the proposed budget. Any taxpayer or his representative is entitled to file […]

§ 22-44-111. Budget – Filing

The board of education shall cause the adopted budget and the appropriation resolution to be placed on file at the principal administrative office of the school district, where they shall remain throughout the fiscal year and be open for inspection during reasonable business hours. and (3) Repealed. Source: L. 64: p. 622, § 11. C.R.S. […]

§ 22-44-112. Transfer of Moneys

A board of education shall not transfer moneys from one fund to another, except as authorized and in the manner prescribed by this part 1. A board of education may transfer by resolution any unencumbered moneys from one fund to another, except the transportation fund, the special building and technology fund, or the bond redemption […]

§ 22-44-113. Borrowing From Funds

A board of education may borrow unencumbered moneys from any one fund, except the bond redemption fund, for the use of another fund at any time. All moneys borrowed from a fund pursuant to this subsection (1) shall be repaid to said fund when needed to meet the obligations of said fund, and all revenues […]