257.5 - CONTINUATION OF SUPPLEMENTAL AID.
257.5 CONTINUATION OF SUPPLEMENTAL AID.
A reorganized school district, as defined in section 257.4,
subsection 2, receiving supplemental aid prior to July 1, 1991, under
section 442.9A, Code 1991, shall continue to receive supplemental aid
as provided in that section for the five-year period specified in
that section.
There is appropriated from the general fund of the state to the
department of management for each fiscal year an amount sufficient to
pay the supplemental aid to school districts under this section.
Supplemental aid shall be paid in the manner provided in section
257.16.
For the purpose of the department of management's determination of
the portion of a school district's budget that was property tax and
the portion that was state aid under section 257.36, supplemental aid
shall be considered property tax. Section History: Recent Form
89 Acts, ch 135, § 5; 91 Acts, ch 178, §3