Missouri § 161.525 Fiscal year ending with balance of less than one percent in teachers' and incidental funds — notice requirements.

Missouri Statutes

§ 161.525 — Fiscal year ending with balance of less than one percent in teachers' and incidental funds — notice requirements.

Missouri § 161.525

Title XIEDUCATION AND LIBRARIES

Ch. 161Department of Elementary and Secondary Education

This text of Missouri § 161.525 (Fiscal year ending with balance of less than one percent in teachers' and incidental funds — notice requirements.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 161.525 (2026).

Text

If at the end of a fiscal year a school district has a combined balance remaining in its teachers' and incidental funds of less than one percent of the amount expended from the funds during the previous fiscal year, the department of elementary and secondary education shall send a notice advising the board of education and the chief operating officer of the district of such fact.  The department of elementary and secondary education shall send a copy of such notice to the boards of education and chief operating officers of all adjoining school districts.

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If at the end of a fiscal year a school district has a combined balance remaining in its teachers' and incidental funds of less than one percent of the amount expended from the funds during the previous fiscal year, the department of elementary and secondary education shall send a notice advising the board of education and the chief operating officer of the district of such fact. The department of elementary and secondary education shall send a copy of such notice to the boards of education and chief operating officers of all adjoining school districts.