257.7 - AUTHORIZED EXPENDITURES.
257.7 AUTHORIZED EXPENDITURES.
1. Budgets. School districts are subject to chapter 24. The
authorized expenditures of a school district during a base year shall
not exceed the lesser of the budget for that year certified under
section 24.17 plus any allowable amendments permitted in this
section, or the authorized budget, which is the sum of the combined
district cost for that year, the actual miscellaneous income received
for that year, and the actual unspent balance from the preceding
year.
2. Budget amendments. If actual miscellaneous income for a
budget year exceeds the anticipated miscellaneous income in the
certified budget for that year, or if an unspent balance has not been
previously certified, a school district may amend its certified
budget. Section History: Recent Form
89 Acts, ch 135, § 7; 90 Acts, ch 1190, § 2
Referred to in § 298.10