Payment from funds provided for state aid for special education in any school fiscal year shall be made in twelve monthly installments on or about the thirtieth of each month. For the period July first through December thirtyfirst, the total of the six payments shall be onehalf of the local need of the current school fiscal year less the local effort for the period July first through December thirtyfirst. For the period January first through June thirtieth, the total of the six payments shall be onehalf of local need of the current school fiscal year less the local effort for the period January first through June thirtieth.

Terms Used In South Dakota Codified Laws 13-37-37

  • 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.
  • special education: means educational services and auxiliary services provided children in need of special education or special education and related services pursuant to the provisions of this chapter and shall include school instruction conforming as nearly as possible to the school program as defined in accreditation rules under duly qualified special education teachers to the extent that the child in need of special education or special education and related services is capable of profiting. See South Dakota Codified Laws 13-37-2

Source: SL 1995, ch 101, § 3.