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Idaho Code 33-801A - General Fund Contingency Reserve

Idaho Code > Title 33 > Chapter 8 > § 33-801A - General Fund Contingency Reserve


Current as of: 2010

     The board of trustees of any school district may create and establish a general fund contingency reserve within the annual school district budget. Such general fund contingency reserve shall not exceed five per cent (5%) of the total general fund budget, or the equivalent value of one (1) support unit computed as required by section 33-1002, Idaho Code, whichever is greater. Disbursements from said fund may be made by resolution from time to time as the board of trustees determines necessary for contingencies that may arise. The balance of said fund shall not be accumulated beyond the budgeted fiscal year. If any money remains in the contingency reserve it shall be treated as an item of income in the following year's budget.

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Idaho Laws: Education Support

Idaho Code Title 33 > Chapter 7 - Fiscal Affairs Of School Districts
Idaho Code Title 33 > Chapter 8 - Budget And Tax Levy
Idaho Code Title 33 > Chapter 9 - School Funds
Idaho Code Title 33 > Chapter 10 - Foundation Program -- State Aid -- Apportionment
Idaho Code Title 33 > Chapter 11 - School Bonds
Idaho Code Title 33 > Chapter 53 - Idaho School Bond Guaranty Act

U.S. Code Provisions: Education Support

U.S. Code > Title 20 > Chapter 13 - Financial Assistance To Local Educational Agencies
U.S. Code > Title 20 > Chapter 51 - Elementary And Secondary Education Block Grant
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