Delaware Code Title 14 Sec. 1918 – Disbursement of school taxes; financial statement
(a) Warrants or drafts on the said fund shall be drawn by the school board of the district and applied only for the purpose for which the levy is made.
Terms Used In Delaware Code Title 14 Sec. 1918
- District: means a reorganized school district and the school district of the City of Wilmington. See Delaware Code Title 14 Sec. 1901
- 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.
- School board: means a board of education of a reorganized school district and the Board of Education of the school district of the City of Wilmington. See Delaware Code Title 14 Sec. 1901
- Year: means a calendar year, and is equivalent to the words "year of our Lord. See Delaware Code Title 1 Sec. 302
(b) The district shall prepare at the close of each fiscal year a financial report as specified in § 1507 of this title. This financial report shall have been examined and approved by the Board prior to its publication and submission to the Secretary of Education, not later than August 31 for the prior fiscal year. Copies of the financial report shall be placed on file for review by the public in each school in the district, in the district’s central administrative offices and in each public library located within the school district.
(c) This section shall apply for fiscal years beginning on or after July 15, 1988.
32 Del. Laws, c. 160, § ?54; Code 1935, § ?2743; 14 Del. C. 1953, § ?1919; 51 Del. Laws, c. 240, § ?14; 66 Del. Laws, c. 399, § ?1; 67 Del. Laws, c. 47, § ?238; 69 Del. Laws, c. 64, § ?280; 71 Del. Laws, c. 180, § ?120A;