15-947
15-947. Revenue control limit; district support A. The revenue control limit for a school district is equal to the sum of the base B. The district support level for a school district is equal to the sum of the base C. The general budget limit for each school district, for each fiscal year, is the 1. The maintenance and operations portion of the revenue control limit for the 2. The maintenance and operation portion of the following amounts: (a) Amounts that are fully funded by revenues other than a levy of taxes upon the (i) Amounts budgeted as the budget balance carryforward as provided in section (ii) Tuition revenues for attendance of nonresident pupils. (iii) State assistance as provided in section 15-976. (iv) Special education revenues as provided in section 15-825, subsection D and (v) Title VIII of the elementary and secondary education act of 1965 assistance (vi) Title VIII of the elementary and secondary education act of 1965 (vii) State assistance for excess tuition as provided in section 15-825.01. (viii) Amounts received from the state board of education pursuant to section (ix) Transportation revenues for attendance of nonresident pupils. (b) Amounts approved pursuant to an override election as provided in section 15-481 (c) Expenditures for excess utility costs as provided in section 15-910. (d) Amounts authorized by the county school superintendent pursuant to section (e) Expenditures for complying with a court order of desegregation as provided in (f) Expenditures for the bond issues portion of the cost of tuition as provided in (g) Interest on registered warrants or tax anticipation notes as provided in (h) Amounts budgeted for a jointly owned and operated career and technical 3. The maintenance and operations portion of the capital outlay revenue limit for 4. Any other budget item that is budgeted in the maintenance and operation section D. The unrestricted capital budget limit, for each school district for each fiscal 1. The federal impact adjustment as determined in section 15-964 for the budget 2. Any other budget item that is budgeted in the capital outlay section of the 3. The unrestricted capital portion of the amounts contained in subsection C of 4. The unexpended budget balance in the unrestricted capital outlay fund from the 5. The net interest earned in the unrestricted capital outlay fund the previous 6. The budgeted amount as approved and determined pursuant to section 15-962, E. The soft capital allocation limit for each school district for each fiscal year 1. The soft capital allocation for the budget year. 2. The unexpended budget balance in the soft capital allocation fund from the 3. The net interest earned in the soft capital allocation fund the previous fiscal |