Arizona Statutes
§ 15-978 — Classroom site fund budget limit; school district
Arizona·Title 15 Arizona Revised Statutes·Ch. 9 SCHOOL DISTRICT BUDGETING AND FINANCIAL ASSISTANCE·Art. 5 State and Local Assistance to School Districts and Accommodation Schools
The classroom site fund budget limit for each school district is the sum of the following:
1.The allocation that is computed for the school district pursuant to section 15-977, subsection G, paragraph 2.
2.The unexpended budget balance from the classroom site fund for the prior fiscal year.
3.The net interest earned on monies in the classroom site fund during the prior fiscal year.
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Nearby Sections
15
§ 15-1000
County school fund§ 15-1001
Special county school reserve fund§ 15-101
Definitions§ 15-1022
Tax levy for bonds; administration and disposition of tax; cancellation of paid bonds; security§ 15-1023
Issuance of bonds§ 15-1028
Disposition of surplus tax monies