Colorado § 22-44-115 No obligation in excess of appropriation

Colorado Statutes

§ 22-44-115 — No obligation in excess of appropriation

Colorado·Title 22 Education·Art. Budget Policies and Procedures

(1)A board of education of a school district shall not expend any moneys in excess of the amount appropriated by resolution for a particular fund.

(2)Repealed.

(3)Except as provided otherwise by this section, any obligation of a contract, verbal or written, which requires expenditures contrary to the provisions of subsection (1) of this section shall be void, and no school district moneys shall be paid thereon.

(4)Notwithstanding any provisions of this section to the contrary, the board of education of a school district may enter into a contract for administrative services with a term not to exceed five years, for capital outlay purposes in accordance with articles 32, 42, 43, and 45 of this title, or for the purchase of real property by local college districts in accordanc

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(1) A board of
education of a school district shall not expend any moneys in excess of the amount
appropriated by resolution for a particular fund.

(2) Repealed.

(3) Except as provided otherwise by this section, any obligation of a contract,
verbal or written, which requires expenditures contrary to the provisions of
subsection (1) of this section shall be void, and no school district moneys shall be
paid thereon.

(4) Notwithstanding any provisions of this section to the contrary, the board
of education of a school district may enter into a contract for administrative
services with a term not to exceed five years, for capital outlay purposes in
accordance with articles 32, 42, 43, and 45 of this title, or for the purchase of real
property by local college districts in accordance with section 23-71-122 (1)(c), C.R.S.
Such a contract shall be valid and enforceable between parties to the contract. The
provisions of this subsection (4) shall be subject to annual appropriation by the
general assembly, the board of education, or the governing board.

Colorado § 22-44-115 (No obligation in excess of appropriation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 64: p. 624, � 15. C.R.S. 1963: � 123-32-15. L. 67: p. 797, � 1. L. 75: (1) and (3) amended and (2) repealed, pp. 707, 708, �� 5, 10, effective July 14; (4) amended, p. 1269, � 2, effective July 1. L. 83: (4) amended, p. 820, � 1, effective July 1. L. 85: (4) amended, p. 734, � 5, effective May 31.