20-A §15005. Apportionments
Title 20-A: EDUCATION
Part 7: SCHOOL FINANCE
Chapter 601: GENERAL PROVISIONS
§15005. Apportionments
1. Apportionments. Apportionments to school administrative units and private schools, unless specifically directed by statute, must be made annually commencing in July in the following manner. An amount not to exceed 1/12 of the subsidy must be paid each month no later than the last day of the month. Any balance must be paid within 7 days after the end of the fiscal year. If the balance of state subsidy for a fiscal year is paid after the end of the fiscal year, the final payment may be recorded as an account receivable due from the State in that fiscal year.
[ 1991, c. 824, Pt. A, §37 (RPR) .]
2. Career and technical education centers. Payments may be made to career and technical education centers at the times and in the amounts as the commissioner may authorize.
[ 1991, c. 716, §6 (AMD); 2003, c. 545, §5 (REV) .]
3. Return required. An apportionment provided in this chapter, chapters 109, 505 and 606‐B, and section 13601, and Title 20, section 3457, may not be paid to a school administrative unit by the Treasurer of State until returns required by law have been filed with the commissioner.
[ 2009, c. 571, Pt. E, §16 (AMD) .]
4. Failure to file return. When the information required by the chapters and sections listed in subsection 3 is not available because of the failure of the school administrative unit, through its officers, to make the returns required by law, or because of the loss or destruction of the school records of the unit, the commissioner may use a basis for apportionment numbers on which the apportionment for the unit was made for the preceding year less 10%.
[ 1981, c. 693, §§5, 8 (NEW) .]
SECTION HISTORY
1981, c. 693, §§5,8 (NEW). 1991, c. 429, §5 (AMD). 1991, c. 528, §I6 (AMD). 1991, c. 528, §RRR (AFF). 1991, c. 591, §I6 (AMD). 1991, c. 716, §6 (AMD). 1991, c. 824, §A37 (AMD). 2003, c. 545, §5 (REV). 2009, c. 571, Pt. E, §16 (AMD).