257.7 - AUTHORIZED EXPENDITURES.

        257.7  AUTHORIZED EXPENDITURES.
         1.  Budgets.  School districts are subject to chapter 24.  The
      authorized expenditures of a school district during a base year shall
      not exceed the lesser of the budget for that year certified under
      section 24.17 plus any allowable amendments permitted in this
      section, or the authorized budget, which is the sum of the combined
      district cost for that year, the actual miscellaneous income received
      for that year, and the actual unspent balance from the preceding
      year.
         2.  Budget amendments.  If actual miscellaneous income for a
      budget year exceeds the anticipated miscellaneous income in the
      certified budget for that year, or if an unspent balance has not been
      previously certified, a school district may amend its certified
      budget.  
         Section History: Recent Form
         89 Acts, ch 135, § 7; 90 Acts, ch 1190, § 2
         Referred to in § 298.10