53A-17a-136 - Cost of operation and maintenance of minimum school program -- Division between state and school districts.
53A-17a-136. Cost of operation and maintenance of minimum school program --Division between state and school districts.
(1) The total cost of operation and maintenance of the minimum school program in thestate is divided between the state and school districts as follows:
(a) Each school district shall impose a minimum basic tax rate on all taxable, tangibleproperty in the school district and shall contribute the tax proceeds toward the cost of the basic program as provided in this chapter.
(b) Each school district may also impose a levy for the purpose of participating in theleeway programs provided in this chapter.
(c) The state shall contribute the balance of the total costs.
(2) The contributions by the school districts and by the state are computed separately forthe purpose of determining their respective contributions to the basic program and to the leewayprograms provided in this chapter.
Renumbered and Amended by Chapter 72, 1991 General Session