37-151-99 - Preliminary estimate of education cost and amounts to be distributed.
§ 37-151-99. Preliminary estimate of education cost and amounts to be distributed.
Based upon the information obtained pursuant to Section 37-151-97 and upon such other and further information as provided by law, the State Department of Education shall, on or before June 1 of each year, or as soon thereafter as is practical, furnish each school board the preliminary estimate of the amount each will receive from the common school fund and the adequate education program fund for the succeeding scholastic year, and at the same time shall furnish each such school board with a tentative estimate of the cost of the adequate education program in the school district for such succeeding fiscal year.
Sources: Laws, 1997, ch. 612, § 15, eff from and after July 1, 2002.