Delaware Statutes
§ 7526 — Use of appropriated funds for inspecting and auditing
Delaware·Title 29·Part Budget, Fiscal, Procurement and Contracting Regulations·Ch. 75 SCHOOL CONSTRUCTION CAPITAL IMPROVEMENTS
(a)The local school district shall apply such portions of the total cost of any school construction improvement authorized by a school construction bond authorization act as shall be necessary to provide for the cost of auditing such school construction improvement, but in no event shall such portion exceed1/2percent of such total cost. The Auditor of Accounts shall be responsible for conducting or having conducted such audit subject to § 2906(c) and (d) and §§ 2907, 2908 and 2909 of this title, as amended.
(b)The local school district shall allocate such portion of the total cost of major school construction improvements for which funds are appropriated by an authorization act as shall be necessary to provide for the cost of inspecting such school construction improvement. The local sc
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Legislative History
29 Del. C. 1953, § 7526; 54 Del. Laws, c. 345 ; 59 Del. Laws, c. 205, § 11 ; 62 Del. Laws, c. 146, § 31 ; 64 Del. Laws, c. 131, § 17(b) ; 66 Del. Laws, c. 92, § 60 ; 71 Del. Laws, c. 378, § 127
Nearby Sections
15
§ 7501
Definitions§ 7503
Matching funds§ 7505
Formula for construction§ 7506
Local bonds§ 7510
Certificate of necessity