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  10. Chapter 70 - School Funds and State Aid for Pub...


Chapter 70 - School Funds and State Aid for Public Schools


  • Section 1 - Legislative Intent
  • Section 2 - Definitions
  • Section 3 - Foundation Budget; Regulations; Calculation of Budget
  • Section 3a - Data Necessary to Generate Required Minimum Local Contribution and State Aid Components; House and Senate Committees on Ways and Means; Bi-Monthly Updates
  • Section 4 - Foundation Budget Review Commission; Membership; Recommendations
  • Section 5 - Municipalities Receiving Overburden Aid; Reductions
  • Section 6 - Contributions by Municipalities for Support of Local Schools and School District
  • Section 6a - Recalculation of Annual Minimum Required Local Contribution; Appeal for Adjustment; Reduction; Guidelines for Implementation
  • Section 7 - Reductions in Amount Appropriated
  • Section 8 - Districts' Methods for Allocating Appropriated Funds; Under-Performing Districts; Restrictions
  • Section 9 - Reports on Amounts Spent for Certain Expenses
  • Section 10 - Aid Paid to Municipalities and Districts; Amounts
  • Section 11 - Excess Funds; Application to Following Fiscal Year
  • Section 12 - Determination of Amounts Appropriated
  • Section 13 - Allocation of Funds
  • Section 14 - Exemption of Certain Districts From Chapter
  • Section 15 - Applicability of Chapter
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