Effective 3/24/2022 53F-9-201. Uniform School Fund — Contents — Trust Distribution Account. (1) As used in this section: (a) “Annual distribution calculation” means, for a given fiscal year, the average of: (i) 4% of the average market value of the State School Fund for that fiscal year; and (ii) the distribution amount for the prior […]
Effective 7/1/2022 53F-9-201.1. Appropriations to the Minimum School Program from the Uniform School Fund. (1) As used in this section: (a) “Base budget” means the same as that term is defined in legislative rule. (b) “Enrollment growth and inflation estimates” means the cost estimates regarding enrollment growth and inflation described in Section 53F-2-208. (2) Except […]
Affected by 63I-1-253 on 7/1/2024 Effective 5/12/2020 53F-9-203. Charter School Revolving Account. (1) (a) The terms defined in Section 53G-5-102 apply to this section. (b) As used in this section, “account” means the Charter School Revolving Account. (2) (a) There is created within the Uniform School Fund a restricted account known as the “Charter School […]
Effective 7/1/2022 53F-9-204. Public Education Economic Stabilization Restricted Account. (1) There is created within the Uniform School Fund a restricted account known as the “Public Education Economic Stabilization Restricted Account.” (2) (a) Except as provided in Subsection (2)(b), the account shall be funded from the following revenue sources: (i) 15% of the difference between, as […]
Effective 1/24/2018 53F-9-205. Invest More for Education Account. (1) There is created within the Uniform School Fund a restricted account known as the Invest More for Education Account. (2) The account shall be funded by contributions deposited into the restricted account in accordance with Section 59-10-1318. (3) The account shall earn interest. (4) Interest earned […]
Effective 5/14/2019 53F-9-206. School Building Revolving Account — Access to the account. (1) (a) There is created within the Uniform School Fund a restricted account known as the “School Building Revolving Account” to provide short-term help to school districts to meet district needs for school building construction and renovation. (b) The state superintendent shall administer […]
