A city, town, or regional school district appropriating authority may appropriate supplemental funds to eliminate or reduce a school budget deficit. To the extent that such a supplemental appropriation represents payment of past annual expenditure, the payment shall not be used in the computation of the maintenance of effort requirements established by § 16-7-23.
School deficit reduction — Maintenance of effort provision
R.I. Gen. Laws § 16-7-23.2., under Chapter 16-7 Foundation Level School Support [See Title 16 Chapter 97 — The Rhode Island Board of Education Act].
R.I. Gen. Laws § 16-7-23.2.