South Carolina Statutes
§ 59-21-355 — Appropriations to Education Improvement Act building aid; allocation; transfer; trust fund.
(A)The amount appropriated in the annual general appropriations act for the Education Improvement Act building aid, construction, and renovation, after being appropriately adjusted, must be transferred to a special trust fund established by the Comptroller General. These funds shall remain available to the school districts of the State until approved for use in accordance with Section 59-21-350.
(B)The amount appropriated in the annual general appropriations act for the Education Improvement Act building aid, construction, and renovation must be allocated to eligible school districts based on the one hundred thirty-five day count of average daily membership for the second preceding fiscal year.
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South Carolina § 59-21-355 (Appropriations to Education Improvement Act building aid; allocation; transfer; trust fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1994 Act No. 497, Part II, SECTION 15C.
Nearby Sections
15
§ 59-21-10
"School" defined.§ 59-21-1010
Disposition and allocation of revenues; special vote required to amend or repeal this section.§ 59-21-1020
Department of Education to monitor and audit disbursements; reversion of unexpended appropriations.§ 59-21-1030
Level of financial effort per pupil required of each school district; application for waiver.§ 59-21-110
Allowance for supervision and overhead.§ 59-21-120
Allowance for maintenance and operation.§ 59-21-1210
Campus incentive program established; funding.§ 59-21-130
Disbursement to counties.