Section 13-13-1.5 - Local need for consolidated school districts--Years five to eight. - South Dakota Statutes

13-13-1.5. Local need for consolidated school districts--Years five to eight. In years five to eight, inclusive, after the consolidation of two or more school districts, the local need for the newly formed district shall be calculated as follows:
(1) Calculate local need pursuant to § 13-13-73;
(2) Notwithstanding the four-year time limit, calculate local need pursuant to § 13-13-1.4;
(3) Subtract the results of subdivision (1) from the results of subdivision (2);
(4) Multiply the results of subdivision (3) by eighty percent in the fifth year, sixty percent in the sixth year, forty percent in the seventh year, and twenty percent in the eighth year;
(5) Add the results of subdivision (1) and the results of subdivision (4).

Source: SL 1999, ch 80, § 2; SL 2007, ch 93, § 6.