Effective 01 Jul 2010, see footnote
163.410. Compliance with certain expenditure requirements, school districts excused from, when. — 1. Notwithstanding the provisions of section 163.021, in fiscal years 2011, 2012, and 2013, if the appropriation for subsections 1 and 2 of section 163.031 is less than the annualized calculation of the amount needed for the phase-in required under subsection 4 of section 163.031 for that fiscal year or the appropriation for transportation as provided in subsection 3 of section 163.031 is funded at a level that provides less than seventy-five percent of allowable costs, school districts shall be excused from compliance with:
(1) Spending funds for professional development as required under subsection 1 of section 160.530; and
(2) The fund placement and expenditure requirements of subsection 6 of section 163.031.
2. If the governor withholds funds for the school funding formula basic apportionment under section 163.031, in fiscal years 2011, 2012, and 2013, school districts shall be excused from compliance with the statutes listed in subsection 1 of this section in the following fiscal year.
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(L. 2010 H.B. 1543)
Effective 7-01-10
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