Title XI — EDUCATION AND LIBRARIES

165.011. Tuition — accounting of school moneys, funds — uses — transfers to and from incidental fund, when — transfers to debt service fund, when — one-time transfer for Carthage School district — deduction for unlawful transfers — transfer of unrestricted funds. — 1. The followi…

165.012. School district financial reporting requirements to the department — information to be available on department's website. — 1. Each school district shall annually report to the department of elementary and secondary education, within thirty days, the following district i…

165.021. Disbursal of school moneys — checks, form of — checks not to issue in excess of revenue. — 1. All moneys received by a school district shall be disbursed only for the purposes for which they were levied, collected or received. 2. School district moneys shall be disbursed…

165.031. Lost or destroyed check, duplicate to issue, when. — If a check issued by any school district in this state is lost or destroyed and satisfactory proof of the loss or destruction is made to the board of the school district which has issued the check, and the depositary u…

165.051. Investment of surplus funds. — If any school district has money in the teachers', incidental, capital projects or debt service fund not needed within a reasonable period of time for the purpose for which the money was received, the school board in the district, if it dee…

165.061. Treasurer, duties of. — From and after the approval of his bond as such, the treasurer of each seven-director school district shall receive all moneys belonging to the district, from whatever source derived, and deposit and pay out the same upon checks or orders for paym…

165.071. County collector-treasurer to pay over school district moneys monthly (seven-director districts). — 1. At least once in every month the county collector in all counties of the first and second classifications and the collector-treasurer in counties having township organi…

165.081. County treasurer to pay over state and county school moneys to district treasurer monthly (seven-director districts). — The county treasurer shall pay over to the treasurer of each seven-director school district any state or county school moneys received by him to which …

165.091. School money, how disbursed. — No money belonging to the school district shall be paid by any depositary or from any investment account maintained pursuant to section 165.051 except upon the check of the treasurer and president of the board of the school district or orde…

165.101. Settlements of treasurer of seven-director districts, when due. — The treasurer of each seven-director school district annually, not later than the first day of August, shall settle with the school board and account to the board for all school moneys received in each fun…

165.111. Financial report published annually, when — state aid not to be paid until report received, penalty — audit summary published, when. — 1. The school board of each district, for any year for which it does not cause an audit to be performed by October thirty-first after th…

165.121. Biennial audit of records — state aid withheld, when — publication of summary (seven-director districts). — 1. The school board of each seven-director district shall cause an audit examination to be made at least biennially of all financial, transportation and attendance…

165.122. Audits of enrollment and attendance records of school districts, performed by independent auditor, costs. — 1. The commissioner of education may cause an audit examination to be performed, pursuant to this section, of the enrollment and average daily attendance records o…

*165.131. Tax and revenue anticipation notes — form. — The board of education of any school district in this state, upon a vote of a majority of the members of the board, may borrow funds for the use of the various funds of the district, including the debt service fund, and may i…

165.141. Execution and certification of notes — registration by county treasurer — record of issuance and payment — cancellation. — 1. The notes shall be known as tax anticipation notes of the school district and shall be signed by the president of the school board and attested b…

165.161. Disbursements in metropolitan districts, how made. — All disbursements of the board of education in metropolitan districts shall be made by checks drawn or orders for payment issued upon a designated depositary in the form and subject to the regulations that the board pr…

165.171. Audits, how provided — removal of appointed auditor. — The board of education in metropolitan districts shall determine and provide for the auditing of the accounts of the board and its various departments and operations, at the times and in the manner that the board dee…

165.181. Examination of officers' accounts and vouchers in metropolitan districts — report to mayor. — At the close of each fiscal school year, the mayor of the city shall appoint one or more expert accountants, who shall examine the books, accounts and vouchers of the treasurer …

165.201. Selection of depositaries in seven-director districts without advertising for bids — deposit to be secured. — If at the time bids should be received or the selection of depositaries should be made in seven-director districts in accordance with the provisions of sections …

165.211. Depositaries, how selected, when — bids received when — notice to be published. — In all seven-director districts, the school board shall select depositaries of the moneys and funds of the school district. Depositaries may be selected annually or the school district and …

165.221. Bids, how made — to be accompanied by check — penalty for secretary disclosing amount of bid. — For the purpose of letting the funds the board shall divide the funds into not less than two nor more than ten equal parts. Each bidder may bid for any number of the parts, bu…

165.231. Opening of bids — interest on deposits. — The school board or their designee in seven-director districts, on the date selected for the acceptance of bids, shall publicly open the bids and cause each bid to be verbally read and documented. Following discussion and clarifi…

165.241. Deposits, how secured — renewal of deposit agreement. — After notice to any depositary of its selection, the depositary shall deliver or deposit securities in accordance with sections 110.010 and 110.020 and the securities if delivered to the fiscal officer of the seven-…

165.251. Additional security may be required. — If the board of a seven-director district at any time deems it necessary for the protection of the school district, by resolution it may require a depositary to deposit additional security, and upon failure to do so within five days…

165.261. Failure to select depositary. — If for any reason a selection of depositaries for all the funds and moneys of a seven-director district is not made at the time fixed by sections 165.201 to 165.291, the board, at any subsequent time, after twenty days' notice, as herein p…

165.271. Transfer of funds to depositaries — payment of bonds — effect of failure of depositary to deposit security. — 1. As soon as the securities satisfactory to the district are deposited, the banking institution depositing the securities shall be deemed as a depositary of the…

[Repealed or reserved.]

165.291. Liability of district treasurer. — The treasurer of each seven-director district is not responsible for the loss of any funds and moneys of the district through the negligence or default of any depositary; but nothing in sections 165.201 to 165.291 shall release the trea…

165.301. Selection of depositaries in metropolitan districts. — 1. Subject to the provisions of section 110.030, the board of education in each metropolitan district shall at least once every five years advertise for bids from the banking institutions in the city for the deposits…