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Alaska Statutes (Last Updated: January 11, 2017) |
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Title 14. EDUCATION, LIBRARIES, AND MUSEUMS. |
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Chapter 14.11. CONSTRUCTION, REHABILITATION, AND IMPROVEMENT OF SCHOOLS AND EDUCATION-RELATED FACILITIES. |
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Article 14.11.01. PUBLIC SCHOOL FACILITIES IN GENERAL. |
Section 14.11.030. Regional educational attendance area and small municipal school district fund.
Latest version.
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(a) The regional educational attendance area and small municipal school district school fund is created as an account in the general fund to be used, in addition to other funding sources, to fund projects approved under AS 14.11.025 for the costs of school construction in regional educational attendance areas and small municipal school districts.
(b) Legislative appropriations, including appropriations of interest earned on the fund, shall be deposited in the fund established under this section. The fund balance may not exceed $70,000,000.
(c) Money appropriated to the fund does not lapse except to the extent money in the fund exceeds the maximum fund balance specified in (b) of this section.
(d) In this section, "small municipal school district" has the meaning given in AS 14.11.025.
Authorities
14.11.025
Notes
References
AS 14.11.025 State aid for school construction in regional educational attendance areas and small municipal school districts.
History
(Sec. 5 ch 93 SLA 2010; am Sec. 3, 4 ch 49 SLA 2013)