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Terms Used In Louisiana Revised Statutes 39:100.65

  • 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.
  • Fund: means an independent fiscal and accounting entity with a self-balancing set of accounts recording cash or other resources together with all related liabilities, obligations, reserves, and equities which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with regulations, restrictions, and limitations. See Louisiana Revised Statutes 39:2

            A. There is hereby created in the state treasury, as a special fund, the Special Education Classroom Monitoring Fund, hereinafter referred to as the “fund.” The fund shall consist of any monies appropriated, allocated, or transferred to the fund.

            B. Monies in the fund shall be invested in the same manner as monies in the state general fund. Interest earned on investment of monies in the fund shall be credited to this fund. Unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund.

            C. Subject to an appropriation by the legislature, monies in the fund shall be solely used for the installation of cameras in classrooms as provided for in La. Rev. Stat. 17:1948 and 3996(B)(65).

            Acts 2022, No. 167, §4, eff. May 30, 2022.