§ 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 Repealed.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 […]
§ 22-44-113. 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 […]
§ 22-44-114. Record of Expenditures
Each board of education shall maintain a complete set of books of account as required by law. Source: L. 64: p. 624, § 14. C.R.S. 1963: § 123-32-14.
§ 22-44-101. Short Title
This part 1 shall be known and may be cited as the “School District Budget Law of 1964”. Source: L. 64: p. 617, § 1. C.R.S. 1963: § 123-32-1.
§ 22-44-102. Definitions
As used in this part 1, unless the context otherwise requires: “Appropriation” means the setting aside by resolution of a specified amount of money for a fund with an authorization to make expenditures and incur obligations for the purposes thereof. “Board of education” or “board” means the governing body of a school district. “Contingency” means […]
§ 22-44-103. Budget and Appropriation – Required
The board of education of each school district shall adopt a budget and an appropriation resolution for each fiscal year, prior to the beginning of the fiscal year. The board shall ensure that the district uses the full accrual basis of accounting when budgeting and accounting for any enterprise funds included in the district budget. […]
§ 22-44-103.5. Budget for 1992 Transitional Fiscal Year – Budget Years Thereafter
In order to implement the change in the school district fiscal year on July 1, 1992, the six-month period beginning on January 1, 1992, and ending on June 30, 1992, shall be the 1992 transitional fiscal year. The board of education of each school district shall adopt a budget and an appropriation resolution for such […]