§ 15.1-27-01 — Payments to school districts - Distribution

1. The superintendent of public instruction shall estimate the total state payments to
which a school district is entitled each year.
2. The superintendent of public instruction shall pay each district ten percent of the
amount determined under subsection 1, within the limits of legislative appropriation, on
or before August first and September first of each year. The superintendent shall pay
each school district twenty percent of that amount, within the limits of legislative
appropriation, on or before October first of each year.
3. The superintendent of public instruction shall estimate the amount that, in addition to
the payments already made, is necessary to constitute the remainder of the amount
due each district for the current school year.
4. On or before November first, the superintendent of public instruction shall pay to each
district, within the limits of legislative appropriation, an amount that, in addition to the
above payments, constitutes sixty percent of the sum due under this chapter.
5. On or before the first day of December, January, February, March, and April, payments
equal to twenty percent of the total remaining payments must be made to each district.
6. If funds appropriated for distribution to districts as state aid become available after
April first, the superintendent of public instruction shall distribute the newly available
payments on or before June thirtieth.