72-4443. Transfers from operating fund authorized; operating budget, certain prohibitions.
72-4443
72-4443. Transfers from operating fund authorized; operating budget,certain prohibitions.(a) In addition to other transfers authorized by law, the board of any areavocational-technical school may transfer moneys from its operating fundto its vocational education capital outlay fund. The amount of any suchtransfer shall not be considered as part of the operating budget of an areavocational-technical school.
(b) Amounts received by a school under authority of this act shall notbe included in the operating budget of said school.
History: L. 1977, ch. 235, § 4; July 1.