Transfers from general fund--Prohibitions--Exceptions

Notwithstanding § 13-16-26 , no school district may transfer any funds, exclusive of federal funds and wind energy tax revenue that is defined in § 13-13-10.1 and apportioned pursuant to § 10-35-21 , from the general fund to the capital outlay fund, bond redemption fund, or the capital projects fund. The authority provided by this section for the transfer of wind energy tax revenue is conditioned annually upon the district obtaining, from the Department of Education, verification that the school district is in compliance with §§ 13-13-73.6 and