260C.18 - OTHER FUNDS RECEIVED.
260C.18 OTHER FUNDS RECEIVED.
In addition to revenue derived by tax levy, a board of directors
of a merged area shall be authorized to receive and expend:
1. Federal funds made available and administered by the director
of the department of education, for purposes provided by federal
laws, rules, and regulations.
2. Other federal funds for such purposes as provided by federal
law, subject to the approval of the director.
3. Tuition in accordance with section 260C.14, subsection 2.
4. State aid and supplemental state aid to be paid in accordance
with the statutes which provide such aid.
5. State funds for sites and facilities made available and
administered by the director.
6. Donations and gifts which may be accepted by the governing
board and expended in accordance with the terms of the gift without
compliance with the local budget law, chapter 24.
7. Student fees collected from students for activities,
laboratory breakage, instructional materials, and other objects and
purposes for which student fees other than tuition are customarily
charged by colleges and universities, as provided in a schedule of
fees adopted by the area board of directors. The expenditure of
funds collected from students for activities shall be determined by
the student government unit with administrative and board approval.
Any increases in student fees for activities shall be determined by
the student government unit with administrative and board approval.
Section History: Early Form
[C66, 71, 73, 75, 77, 79, 81, § 280A.18] Section History: Recent Form
86 Acts, ch 1245, § 1469
C93, § 260C.18
96 Acts, ch 1215, §27; 2004 Acts, ch 1086, §55
Referred to in § 260C.34, 260C.38