13-42-46 (Section effective upon approval of SL 2012, ch 102 to be submitted to the voters at the N...
(Section effective upon approval of SL 2012, ch 102 to be submitted to the voters
at the November 6, 2012 election) Number of eligible positions--Distribution of funds to school
No later than May first of each year, at the same time that foundation program state aid is
distributed to a school district pursuant to §§ 13-13-10.1 to 13-13-41, inclusive, the secretary of the
Department of Education shall inform each school district of the number of eligible positions in that
district for the current school year, based on the calculation in § 13-42-45, and distribute to each
school district five thousand seven hundred dollars per eligible position. These funds shall be
distributed in lump sum payments. The school district shall retain these funds until distribution
pursuant to § 13-42-47.
Source: SL 2012, ch 102, § 20.