§ 59-21-1010 Disposition and allocation of revenues; special vote required to amend or repeal this section
§ 59-21-1020 Department of Education to monitor and audit disbursements; reversion of unexpended appropriations
§ 59-21-1030 Level of financial effort per pupil required of each school district; application for waiver
§ 59-21-1040 Compensation and employer contributions; funding
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Terms Used In South Carolina Code > Title 59 > Chapter 21 > Article 9 - Sales Tax Revenues for Schools

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.