15-915. Correction of state aid or budget limit
errors; definition



(L10, Ch. 318, sec. 18. Eff. 7/1/11)



A. If the superintendent of public instruction determines that the calculation of
state aid for a school district or charter school or the calculation of the school
district's or charter school's budget limits within the previous year did not conform
with statutory requirements, the superintendent shall require correction of the errors as
follows:


1. Corrections may be made in the current year or in the budget year, except that
in case of hardship to the school district, the superintendent may approve corrections
partly in one year and partly in the year after that year.


2. Errors in the calculation of state aid shall be corrected by increasing or
decreasing the state aid to the school district or charter school in the year or years in
which the correction is made.


3. Errors in the calculation of the school district's or charter school's budget
limits shall be corrected at a public hearing by requiring the governing board to reduce
or by allowing it to increase its budget by the amount of the correction to be made that
year. Overbudgeting errors corrected as provided in this paragraph are exempt from
section 15-905, subsections L and M. Not later than three days after the hearing and
correction, the budget as revised shall be submitted electronically to the superintendent
of public instruction. Nothing in this paragraph shall be construed to require a decrease
in state aid not otherwise required by paragraph 2 of this subsection.


B. Subject to the review by the joint legislative budget committee, the
superintendent of public instruction shall adjust state aid for a school district in the
current year if the governing board of a school district requests the recalculation of
state aid for a prior year due to a change in assessed valuation that occurred as the
result of a judgment in accordance with section 42-16213.


C. Notwithstanding subsection A of this section, a school district or charter
school may not make upward revisions to its average daily membership counts for a
particular school year after June 30 of the subsequent school year.


D. For the purposes of this section, "state aid":


1. For school districts means state aid as determined in section 15-971 and
additional state aid as determined in section 15-972.


2. For charter schools means state aid as determined in section 15-185.