Utah Statutes
§ 53G-7-304 — Undistributed reserve in local school board budget.
Utah·Title 53G Public Education System -- Local Administration·Ch. 53G-7 Public School General Requirements·Part 53G-7-3 Budgets
(1)A local school board may adopt a budget with an undistributed reserve. The reserve may not exceed 5% of the maintenance and operation budget adopted by the local school board in accordance with a scale developed by the state board. The scale is based on the size of the school district's budget.
(2)The local school board may appropriate all or a part of the undistributed reserve made to any expenditure classification in the maintenance and operation budget by written resolution adopted by a majority vote of the local school board setting forth the reasons for the appropriation. The local school board shall file a copy of the resolution with the state board and the state auditor.
(3)The local school board may not use undistributed reserves in the negotiation or settlement of contract
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Legislative History
Amended by Chapter 293, 2019 General Session
Nearby Sections
15
§ 53G-1-101
Title.§ 53G-1-102
Public education code definitions.§ 53G-1-103
Definitions.§ 53G-10-101
Title.§ 53G-10-102
Definitions.§ 53G-10-103
Sensitive instructional materials.§ 53G-10-201
Definitions.§ 53G-10-203
Expressions of belief -- Discretionary time.§ 53G-10-204
Civic and character education -- Definitions -- Legislative finding -- Elements -- Reporting requirements.§ 53G-10-205
Waivers of participation.§ 53G-10-206
Educational freedom.§ 53G-10-207
Personal privacy for employee.§ 53G-10-301
Definitions.