20-A §8464. Budget failure
§8464. Budget failure The following applies in the event of a budget failure as defined in section 8301-A. [PL 1991, c. 518, §29 (AMD).] 1. Submission of a contingency plan. If a budget failure exists after August 1st of any fiscal year, the cooperative board shall submit to the state board a financial statement […]
20-A §8465. Bonding authority
§8465. Bonding authority A region may issue bonds and notes for school construction purposes. For purposes of this section, school construction purposes include minor capital costs relating to maintenance of plant. The cooperative board shall decide whether the issuance of bonds or notes by the region for school construction purposes is necessary. The cooperative board […]
20-A §8466. Transfer or lease of school property to a career and technical education region
§8466. Transfer or lease of school property to a career and technical education region 1. Authority. A unit within a region may transfer or lease unused property of the unit to the region for career and technical education purposes. [PL 1991, c. 518, §31 (AMD); PL 2005, c. 397, Pt. D, §3 (REV).] 2. […]
20-A §8467. Sale of career and technical education region capital assets
§8467. Sale of career and technical education region capital assets 1. Sale of capital assets. A region may sell any of its buildings, equipment or other capital assets if the sale is in compliance with the conditions of any indebtedness issued to finance such assets and if the sale is approved by the state board. […]
20-A §8468. Reserve fund
§8468. Reserve fund 1. Establishment. A career and technical education region may establish a reserve fund for a school construction project, the acquisition or reconstruction of a specific item or type of capital improvement, the acquisition of a specific item or type of capital equipment or any of the expenditures listed under section 1485, subsection […]
20-A §8460. Budget
§8460. Budget Each region’s budget must be prepared and approved as follows. [PL 1991, c. 518, §26 (AMD).] 1. Duties of the cooperative board. The cooperative board shall: A. Prepare and approve a budget for the region; [PL 1991, c. 518, §26 (AMD).] B. Hold a public hearing in each of 2 […]
20-A §8403-A. Satellite programs
§8403-A. Satellite programs 1. Authority for career and technical education satellite programs. An affiliated unit may operate a career and technical education satellite program with the approval of the commissioner pursuant to subsection 2. [RR 2003, c. 2, §56 (COR).] 2. Procedure for authorizing career and technical education satellite programs. Any affiliated unit that […]
20-A §8461. School administrative unit method
§8461. School administrative unit method 1. Role of the school administrative unit. The legislative body of each unit in a region shall vote on the articles submitted by the cooperative board. A. The vote on the budget articles by each unit must occur at the same time as the vote on the unit’s regular […]
20-A §8404. Center advisory committee
§8404. Center advisory committee Each center must have an advisory committee responsible for advising the career and technical education director concerning the provision of career and technical education by the center. [RR 2003, c. 2, §58 (COR).] 1. Membership. Membership on the advisory committee consists of: A. The superintendent of each unit governing […]
20-A §8462. Regional budget meeting approval method
§8462. Regional budget meeting approval method 1. Method of notice. A regional budget meeting must be called by a warrant. The warrant must be signed by a majority of the cooperative board. The following procedures apply to the warrant. A. The warrant must specify the time and place of the regional budget meeting. […]