19-508b. Financial reports to school districts; copies to state board of education.
19-508b
19-508b. Financial reports to school districts; copies to state board
of education.
Whenever the board of education of any school district shall withdraw
any moneys from the funds of the school district which are in the care,
custody and control of the county treasurer, or whenever the county
treasurer shall pay any such moneys to a school district, the county
treasurer shall prepare and transmit with such moneys an itemized statement
showing the source of all funds included in the withdrawal or payment.
Within thirty (30) days after the end of the fiscal year of each school
district, the county treasurer shall prepare and transmit to the board of
education of every school district, any part of the territory of which is
located in the county, a report listing the amounts withdrawn by or paid to
such school district during the fiscal year, itemized according to the
source of moneys distributed. A copy of every such report shall be
transmitted to the state board of education within thirty (30) days after
the end of each such fiscal year. All reports and statements made in
compliance with this section shall be on forms prepared and furnished by
the state board of education for the purpose.
History: L. 1972, ch. 73, § 2; July 1.