Categorical program funds, identified in Florida Statutes § 1011.62, or any other ear-marked funds allocated to a school district shall be expended only in the program for which funds are provided. Any such funds, except those categorical program funds provided through contract or grant for a specific period of time, not expended by a school district as of the close of a fiscal year shall be carried forward into the following fiscal year for the same categorical purpose.
Rulemaking Authority 1001.02(1), 1010.20(3)(b) FS. Law Implemented 1010.01, 1010.20(3)(b), 1011.62(6) FS. History-New 10-31-74, Repromulgated 12-5-74, Amended 4-8-75, Formerly 6A-1.141.

Terms Used In Florida Regulations 6A-1.0141

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.