<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 13-16-9.2 - Five-year plan required when fund used to construct new facilities or additions. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2041806Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2041806SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2041806CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2041806CL-000000 { font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2041806Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2041806DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2041806DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2041806000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2041806SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2041806SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2041806Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=13-16-9.2"><span class="s2041806SENU">13-16-9.2</span></a><span xml:space="preserve" class="s2041806SENU">. </span><span class="s2041806CL">Five</span><span class="s2041806CL-000000">-</span><span class="s2041806CL">year plan required when fund used to construct new facilities or additions.</span></p><p dir="ltr" class="s2041806Normal-000001"><span class="s2041806DefaultParagraphFont">Any school district using the capital outlay fund for payment of construction of new facilities or construction of additions to facilities must develop and maintain a five</span><span class="s2041806DefaultParagraphFont-000002">-</span><span class="s2041806DefaultParagraphFont">year plan on the annual projected revenues and the annual projected expenditures for the capital outlay fund and such projected expenditures shall itemize the projected costs for new or additional facilities.</span></p><p dir="ltr" class="s2041806Normal"><span xml:space="preserve" class="s2041806000003"> </span></p><p dir="ltr" class="s2041806Normal"><span class="s2041806SCL">Source:</span><span xml:space="preserve" class="s2041806SCL-000004"> SL 1977, ch 126, § 1.</span></p></div></body></html>