Tennessee Code 8-38-116 – Appropriations for contributions and administrative costs
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Tennessee Code 8-38-116
- 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.
- State: means the state of Tennessee. See Tennessee Code 8-34-101
- Student: means any person enrolled in a course of study in a school or in a post-secondary educational institution who as a condition of such enrollment is employed in a full-time position. See Tennessee Code 8-34-101
The general assembly shall make appropriations sufficient to provide contributions and administrative costs in accordance with §§ 8-38-105 – 8-38-114 [see the Compiler’s Notes] on behalf of state employees and teachers. Effective July 1, 1992, each local education agency shall provide for any increased amounts needed for its teachers, above the amount funded by the state for fiscal year 1991-1992, from funds appropriated for the Tennessee investment in student achievement formula (TISA).