Section 13-37-36.1 - School district special education fund statutory carryover.
13-37-36.1. School district special education fund statutory carryover. To establish the school district special education fund statutory carryover excluding federal funds, the following calculations shall be performed:
(1) Divide the total federal special education revenue by the total special education revenues; and
(2) Multiply the federal special education percentage calculated in (1) times the total special education fund balance; and
(3) Deduct the amount of federal revenue calculated in (2) from the special education fund balance.
Source: SL 1997, ch 89, § 4.