§302A-1301 - School system financial accountability.
B. Budget
§302A-1301 School system financialaccountability. (a) Beginning with the 1995-1997 fiscal biennium, thedepartment's administrative expenditures shall not exceed 6.5 per cent of thetotal department operating budget unless approved by the legislature.
(b) Not less than seventy per cent ofappropriations for the total budget of the department, excluding debt serviceand capital improvement programs, shall be expended by principals. [L 1996, c89, pt of §2; am L 2004, c 51, §57]