Tennessee § 49-3-369 Funding of special school districts

Tennessee Statutes

§ 49-3-369 — Funding of special school districts

Tennessee § 49-3-369

Title49

This text of Tennessee § 49-3-369 (Funding of special school districts) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 49-3-369 (2026).

Text

Any city which provides funding to a special school district, the borders of which are coterminous with the borders of the city, may provide such funding through a contract with the school district that provides that one-half (1/2) of the funds shall be used for the operation of the school system and one-half (1/2) of the funds shall be used for the issuance of bonds. Upon agreement of both the city legislative body and the board of education of the special school district, proceeds from the bond issue shall be used only for maintenance of or construction at schools in existence in the district at the time of the issuance of the bonds.

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Any city which provides funding to a special school district, the borders of which are coterminous with the borders of the city, may provide such funding through a contract with the school district that provides that one-half (1/2) of the funds shall be used for the operation of the school system and one-half (1/2) of the funds shall be used for the issuance of bonds. Upon agreement of both the city legislative body and the board of education of the special school district, proceeds from the bond issue shall be used only for maintenance of or construction at schools in existence in the district at the time of the issuance of the bonds.