AN ACT
ENTITLED, An Act
to revise certain school district funds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 13-13-11.1 be amended to read as follows:
13-13-11.1. For the purpose of distributing state aid to education under the provisions of § § 13-13-10.1 to 13-13-46, inclusive, funds received from the federal government under the provisions of P.L. 103-382, title VIII for basic support shall be included in total general fund revenue at the times the funds are transferred from the school district P.L. 103-382, title VIII fund to the school district funds. For the purposes of distributing state aid to special education under the provisions of § 13-37-36, funds received from the federal government under the provisions of P.L. 103-382, title VIII add on for children with disabilities shall be deposited into the school district special education fund.
Section 2. That § 13-16-30 be amended to read as follows:
13-16-30. Any funds received from the federal government under the provisions of P.L. 103-382, title VIII for basic support may be deposited into the P.L. 103-382, title VIII fund.
Section 3. That § 13-16-31 be amended to read as follows:
13-16-31. The P.L. 103-382, title VIII fund shall serve as a fund from which transfers shall be made to the funds enumerated in § 13-16-2. A school district may not make expenditures out of its P.L. 103-382, title VIII fund . Transfers out of the P.L. 103-382, title VIII fund shall be made at the discretion of the school board.
Section 4. To establish the school district special education fund statutory carryover excluding federal funds, the following calculations shall be performed:
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 13-13-11.1 be amended to read as follows:
13-13-11.1. For the purpose of distributing state aid to education under the provisions of § § 13-13-10.1 to 13-13-46, inclusive, funds received from the federal government under the provisions of P.L. 103-382, title VIII for basic support shall be included in total general fund revenue at the times the funds are transferred from the school district P.L. 103-382, title VIII fund to the school district funds. For the purposes of distributing state aid to special education under the provisions of § 13-37-36, funds received from the federal government under the provisions of P.L. 103-382, title VIII add on for children with disabilities shall be deposited into the school district special education fund.
Section 2. That § 13-16-30 be amended to read as follows:
13-16-30. Any funds received from the federal government under the provisions of P.L. 103-382, title VIII for basic support may be deposited into the P.L. 103-382, title VIII fund.
Section 3. That § 13-16-31 be amended to read as follows:
13-16-31. The P.L. 103-382, title VIII fund shall serve as a fund from which transfers shall be made to the funds enumerated in § 13-16-2. A school district may not make expenditures out of its P.L. 103-382, title VIII fund . Transfers out of the P.L. 103-382, title VIII fund shall be made at the discretion of the school board.
Section 4. To establish the school district special education fund statutory carryover excluding federal funds, the following calculations shall be performed:
(1) Divide the total federal special education revenue by the total special education revenues;
and
(2) Multiply the federal special education percentage calculated in (1) times the total special
education fund balance; and
(3) Deduct the amount of federal revenue calculated in (2) from the special education fund
balance.
An Act to revise certain school district funds.
An Act to revise certain school district funds.
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I certify that the attached Act originated in the
SENATE as
Bill
No.
154
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____________________________
Secretary of the Senate
Secretary of the Senate
____________________________
President of the Senate
President of the Senate
Attest:
____________________________
Secretary of the Senate
Secretary of the Senate
____________________________
Speaker of the House
Attest:
____________________________
Chief Clerk
Chief Clerk
Senate
Bill
No.
154
File No. ____
Chapter No. ______=========================
Received at this Executive Office this ____ day of _____________ ,
File No. ____
Chapter No. ______
Received at this Executive Office this ____ day of _____________ ,
19___ at _____ M.
By _________________________
for the Governor
for the Governor
The attached Act is hereby
approved this ________ day of
______________ , A.D., 19___
____________________________
Governor
Governor
STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State
Filed ____________ , 19___
at _________ o'clock __ M.
____________________________
Secretary of State
Secretary of State
By _________________________
Asst. Secretary of State
