§ 22.1-88 Of what school funds to consist.
§ 22.1-89 Management of funds.
§ 22.1-89.1 Management of cafeteria funds.
§ 22.1-89.2 Financial records retention and disposition schedule.
§ 22.1-89.3 Repealed.
§ 22.1-89.4 Certain policy required; partnerships and sponsorships.
§ 22.1-90 Annual report of expenditures.
§ 22.1-90.1 Inclusion of instructional spending in the School Performance Report Card.
§ 22.1-91 Limitation on expenditures; penalty.
§ 22.1-92 Estimate of moneys needed for public schools; notice of costs to be distributed.
§ 22.1-93 Approval of annual budget for school purposes.
§ 22.1-94 Appropriations by county, city or town governing body for public schools.
§ 22.1-95 Duty to levy school tax.
§ 22.1-96 Proration of operating cost, expenditures for capital outlay purposes and indebtedness for construction of buildings in certain school divisions.
§ 22.1-97 Calculation and reporting of required local expenditures; procedure if locality fails to appropriate sufficient educational funds.
§ 22.1-98 Reduction of state aid when length of school term below 180 days or 990 hours.
§ 22.1-98.1 Extended School Year Incentive Program.
§ 22.1-98.2 Certain agreements; adjustment of state share for basic aid.
§ 22.1-99 Approval and certification of apportionment of school funds.
§ 22.1-100 Unexpended school and educational funds; capital reserve fund permitted.
§ 22.1-100.1 Lottery proceeds nonrecurring costs escrow accounts.
§ 22.1-101 Repealed.
§ 22.1-101.1 Increase of funds for certain nonresident students; how increase computed and paid; billing of out-of-state placing agencies or persons.

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Terms Used In Virginia Code > Title 22.1 > Chapter 8 > Article 1 - State and Local Funds.

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • 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
  • City: means an independent incorporated community which became a city as provided by law before noon on July 1, 1971, or which has within defined boundaries a population of 5,000 or more and which has become a city as provided by law. See Virginia Code 1-208
  • Contract: A legal written agreement that becomes binding when signed.
  • Department: means the Department of Education. See Virginia Code 22.1-1
  • Division superintendent: means the division superintendent of schools of a school division. See Virginia Code 22.1-1
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • local governing body: means the board of supervisors of a county, council of a city, or council of a town, responsible for appropriating funds for such locality, as the context may require. See Virginia Code 22.1-1
  • Locality: means a county, city, or town as the context may require. See Virginia Code 1-221
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • real estate: includes lands, tenements and hereditaments, and all rights and appurtenances thereto and interests therein, other than a chattel interest. See Virginia Code 1-219
  • School board: means the school board that governs a school division. See Virginia Code 22.1-1
  • Superintendent: means the Superintendent of Public Instruction. See Virginia Code 22.1-1
  • Town: means any existing town or an incorporated community within one or more counties which became a town before noon, July 1, 1971, as provided by law or which has within defined boundaries a population of 1,000 or more and which has become a town as provided by law. See Virginia Code 1-254
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.