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Statutes > Florida Laws > TITLE XLVIII - K-20 EDUCATION CODE (Ch.1000-1013) > Chapter 1011 PLANNING AND BUDGETING > PART I PREPARATION, ADOPTION, AND IMPLEMENTATION OF BUDGETS(ss. 1011.01-1011.57) > A. District School Boards:Preparation, Adoption, andImplementation of Budgets > 1011.23 Disposition of balance in interest and sinking fund.

STATE STATUTES & CODES

FLORIDA STATUTES AND CODES

1011.23 Disposition of balance in interest and sinking fund.

1011.23 Disposition of balance in interest and sinking fund.

If all principal and interest outstanding against any school district shall have been paid, and there shall still remain a balance in the interest and sinking fund to the credit of that district, the district school board shall, by resolution, authorize this balance to be transferred to the credit of the district school fund.

History. s. 626, ch. 2002-387.

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