15-1231. Career and technical education and
vocational education projects fund


A. The governing board of a school district may establish a permanent career and
technical education and vocational education projects fund in an amount not to exceed one
hundred thousand dollars. The fund shall consist of proceeds from the sale of items
produced by career and technical education and vocational education programs. Monies in
the fund may be used for any of the following purposes:


1. Purchase of materials for use by career and technical education and vocational
education pupils in an instructional program that produces a product that may be sold by
the school district.


2. Purchase of equipment, not to exceed five thousand dollars in any one fiscal
year, for use by career and technical education and vocational education pupils in an
instructional program which produces a product that may be sold by the school district.


3. Expenses directly related to the planning and design of career and technical
education and vocational education program products.


B. Monies in the career and technical education and vocational education projects
fund may not be used to pay salaries, wages or employee fringe benefits.


C. The career and technical education and vocational education projects fund of a
school district is a continuing fund, and monies in the career and technical education
and vocational education projects fund are not subject to reversion, except that all
monies in the fund in excess of one hundred thousand dollars at the end of the fiscal
year shall revert to the school plant fund.