15-1104. Unemployment compensation
fund
Unemployment compensation monies shall be deposited with the county treasurer who
shall credit the deposits to the unemployment compensation fund of the respective school
district. The unemployment compensation fund of a school district is a continuing fund
not subject to reversion, except that any monies in the fund determined by the governing
board, or the superintendent or chief administrative officer with the approval of the
governing board, to be in excess of insurance needs shall be used for reduction of school
district taxes for the budget year.
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