37-140-11 - Preparation of annual budget; authority to receive contributions.
§ 37-140-11. Preparation of annual budget; authority to receive contributions.
The board shall prepare the annual budget for the school. For the operation and support of the school, the board may receive contributions, donations, gifts, bequests of money, other forms of financial assistance and property, equipment, materials or manpower from persons, foundations, trust funds, corporations, organizations and other sources, public or private, to be expended and utilized by the board in carrying out this chapter.
Sources: Laws, 1999, ch. 591, § 6, eff from and after July 1, 1999.