Iowa Code 257.2 – Definitions
Current as of: 2024 | Check for updates
|
Other versions
As used in this chapter:
1. “Base year” means the school year ending during the calendar year in which a budget is certified.
Terms Used In Iowa Code 257.2
- Budget year: means the school year beginning during the calendar year in which a budget is certified. See Iowa Code 257.2
- Committee: means the school budget review committee. See Iowa Code 257.2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- Property: means a tangible object, animate or inanimate, under a museum's care which has intrinsic historic, artistic, scientific, or cultural value. See Iowa Code 305B.2
- School: means an agency of the state or political subdivision of the state, individual, partnership, company, firm, society, trust, association, corporation, or any combination which meets any of the following criteria:a. See Iowa Code 261B.2
- School district: means a school corporation organized under chapter 274. See Iowa Code 257.2
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
- State percent of growth: means the percent of growth which is established by statute pursuant to section 257. See Iowa Code 257.2
- Statute: A law passed by a legislature.
- Supplemental state aid: means the amount by which state cost per pupil and district cost per pupil will increase from one budget year to the next as the result of the state percent of growth. See Iowa Code 257.2
- year: means twelve consecutive months. See Iowa Code 4.1
2. “Budget adjustment” means an adjustment to the regular program district cost of a school district for school districts in which the regular program district cost for a year would be less than the regular program district cost for the previous year.3. “Budget year” means the school year beginning during the calendar year in which a budget is certified.4. “Combined district cost per pupil” is an amount determined by adding together the regular program district cost per pupil for a year and the special education support services district cost per pupil for that year as calculated under section 257.10.5. “Combined state cost per pupil” is a per pupil amount determined by adding together the regular program state cost per pupil for a year and the special education support services state cost per pupil for that year as calculated under section 257.9.6. “Committee” means the school budget review committee.7. “Expenditures” means the total amounts paid from the general fund of a school district.8. “Miscellaneous income” means the receipts deposited to the general fund of the school district but not including any of the following:a. Foundation aid.b. Revenue obtained from the foundation property tax.c. Revenue obtained from the additional property tax under section 257.4.d. Property tax replacement payments received under section 257.16B.e. Foundation base supplement payments received under section 257.16D.9. “Property tax adjustment” means state aid distributed to those school districts in which the property tax revenues generated under this chapter would be higher than the revenues generated under chapter 442, Code 1991.10. “School district” means a school corporation organized under chapter 274.11. “State percent of growth” means the percent of growth which is established by statute pursuant to section 257.8, and which is used in determining the supplemental state aid.12. “Supplemental state aid” means the amount by which state cost per pupil and district cost per pupil will increase from one budget year to the next as the result of the state percent of growth.13. “Unexpended fund balance” means a school district’s unreserved and undesignated fund balances.