Colorado § 22-44-102 Definitions

Colorado Statutes

§ 22-44-102 — Definitions

Colorado § 22-44-102

Title 22Education

Art.Budget Policies and Procedures

This text of Colorado § 22-44-102 (Definitions) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 22-44-102 (2026).

Text

As used in this part 1, unless the context otherwise requires:

(1)Appropriation means the setting aside by resolution of a specified amount of money for a fund with an authorization to make expenditures and incur obligations for the purposes thereof.

(2)Board of education or board means the governing body of a school district.

(3)Contingency means an act of God or the public enemy, or some event which could not have been reasonably foreseen at the time of the adoption of the budget of a school district.

(4)(a) and (b) Repealed.

(c)Effective July 1, 1992, fiscal year means the period beginning on July 1 of each year and ending on the following June 30.

(5)Function means a classification within a fund in accordance with a major purpose including, but not limited to, admin

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As used in this part 1, unless the context otherwise
requires:

(1) Appropriation means the setting aside by resolution of a specified
amount of money for a fund with an authorization to make expenditures and incur
obligations for the purposes thereof.

(2) Board of education or board means the governing body of a school
district.

(3) Contingency means an act of God or the public enemy, or some event
which could not have been reasonably foreseen at the time of the adoption of the
budget of a school district.

(4) (a) and (b) Repealed.

(c) Effective July 1, 1992, fiscal year means the period beginning on July 1 of
each year and ending on the following June 30.

(5) Function means a classification within a fund in accordance with a
major purpose including, but not limited to, administration, instruction, operation, or
maintenance of a physical plant.

(6) Fund means a sum of money or other resource set aside for a specific
purpose of a school district. The accounts thereof constitute a complete entity, and
all of the financial transactions for a particular fund shall be recorded in said fund.

(7) Object means a classification within a function in accordance with the
article or service received in return for expenditures including, but not limited to,
personal services, materials, supplies, or equipment.

(7.3) Ongoing deficit means any negative amount reported in the annual
financial audit or submitted through the department's financial data-collection
process by the school district, board of cooperative services, charter school, or
charter school institute in the unassigned fund balance for governmental funds or
unrestricted net assets for proprietary funds as identified in the standard statewide
chart of accounts.

(7.5) Pupil enrollment count day has the same meaning as set forth in
section 22-54-103 (10.5).

(8) School district or district means a school district or a local college
district organized and existing pursuant to law.

Legislative History

Source: L. 64: p. 617, � 2. C.R.S. 1963: � 123-32-2. L. 74: (4) amended, p. 378, � 1, effective April 1; (4) amended, p. 379, effective May 14. L. 81: (1) amended, p. 2026, � 23, effective July 14. L. 87: (4) amended, p. 831, � 2, effective July 1. L. 88: (4)(b) and (4)(c) repealed, p. 824, � 39, effective May 24. L. 89: (4)(b) RC&RE, p. 966, � 13, effective June 7. L. 90: (4) R&RE, p. 1052, � 1, effective May 31. L. 2012: (7.5) added, (HB 12-1090), ch. 44, p. 154, � 18, effective March 22; (7.3) added, (HB 12-1240), ch. 258, p. 1312, � 17, effective June 4.