Title 13 — EDUCATION

The total accumulated unpaid principal balances of such installment contracts and lease-purchase and the outstanding principal amounts of such capital outlay certificates may not exceed three percent of the taxable valuation. The school district shall provide a sufficient levy ea…

Any proposed installment purchase contract, lease - purchase, or issue of capital outlay certificates authorized pursuant to § 13-16-6 or 13-16-6.2 which will obligate the school district for future payments on the principal, the total of which will exceed one and one - half perc…

Approval to enter into an agreement or issue capital outlay certificates pursuant to § 13-16-6.3 is subject to a referendum if five percent of the registered voters, based upon the total number of registered voters at the last preceding general election, petition, within twenty d…

The school board of any school district of this state may at the board's discretion authorize an annual levy of a tax not to exceed three dollars per thousand dollars of taxable valuation on the taxable valuation of the district for the capital outlay fund for assets as defined b…

13-16-7.2 Maximum taxes--Pledge of taxes. 13-16-7.3 Maximum pledge of taxes--Limitations. 13-16-7.4 Maximum pledge of taxes--Transition. 13-16-8 Bond and certificate proceeds placed in capital outlay fund. 13-16-9 Expenditure of money from capital outlay fund. 13-16-9.1 Validatio…

Starting with taxes payable in 2021, a school district is limited to the maximum taxes allowed pursuant to § 13-16-7 or three thousand four hundred dollars for each enrolled student as determined in the fall enrollment count set forth in § 13-13-10.1 for the prior school year, wh…

Notwithstanding the provisions of § 13-16-7, a school board that, in calendar year 2020 was limited to a maximum capital outlay revenue of one thousand four hundred dollars or less per student is eligible, starting with taxes payable in 2021, to authorize the levy of a tax not to…

Any school district impacted by the three thousand four hundred dollar tax limitation as provided in § 13-16-7.2 during calendar years 2021, 2022, and 2023 may transfer to the general fund the actual total dollar amount the school district transferred in fiscal year 2020. Beginni…

Money received from the sale of capital outlay bonds and capital outlay certificates shall be placed in the capital outlay fund. Source: SL 1955, ch 41 , ch 10, § 3; SDC Supp 1960, § 15.2203; SL 1978, ch 109 , § 6.

Money can be expended from the capital outlay fund only for the purposes defined in § 13-16-6 and for the redemption of outstanding warrants against this fund. Source: SL 1955, ch 41 , ch 10, § 3; SDC Supp 1960, § 15.2203.

All contracts and agreements entered into prior to January 1, 1988, by any school district under the provisions of § 13-16-6 , that have resulted in the acquisition of fixed assets or addition to fixed assets, provided the amounts involved do not result in the creation of indebte…

Any school district using the capital outlay fund for payment of construction of new facilities or construction of additions to facilities must develop and maintain a five - year plan on the annual projected revenues and the annual projected expenditures for the capital outlay fu…

Any school district using the capital outlay fund for payment of construction of new facilities or construction of additions to facilities, the total of which requires advertising for bids under chapter 5-18A , shall have a public hearing at least ten days prior to the advertisem…

Reports not filed prior to August thirtieth are considered past due and are subject to the past-due provisions of §

Source: SL 1955, ch 41 , ch 10, §§ 1, 2, 4; SDC Supp 1960, §§ 15.2201, 15.2202, 15.2204; SL 1963, ch 74 , § 2; SL 1963, ch 75 , § 1; SL 1964, ch 40 ; SL 1965, ch 47 ; SL 1975, ch 128 , § 100; SL 1991, ch 138 , § 1; SL 2012, ch 88 , § 9.

The school board of any school district is hereby authorized and empowered to make a compromise settlement of the whole or part of any judgment which such school district may have against any judgment debtor in this state. Source: SL 1939, ch 55 , § 1; SL 1955, ch 41 , ch 10, § 3…

Before any such settlement is made, the same must be authorized by a resolution duly made and passed by such school board and entered of record in the minutes of such board, setting forth the total amount of such judgment, the name of the judgment debtor, and whether or not such …

After the passage and entry of record of such resolution, such school board shall present to the circuit court of the county where such school district is located, a petition setting forth a copy of said resolution, and such other facts as such court may require, together with a …

Upon the presentation and filing of the petition, a time and place shall be fixed by the court for hearing the petition, and notice of the petition and hearing shall be given by publishing a notice of the petition and hearing in the official newspaper of the school district at le…

Upon the day of such hearing, or at such time to which the hearing may be adjourned by the court, said petition shall be heard and any person interested may appear and show cause why such petition should not be granted. Source: SL 1939, ch 55 , § 5; SL 1955, ch 41 , ch 10, § 42; …

If at such hearing it shall appear to the satisfaction of the court that such judgment debtor does not have sufficient property, over and above the exemptions allowed by law, out of which said judgment might be satisfied in full, and that it is for the best interests of all parti…

All expenses incurred by such school board, under the provisions of this chapter, for clerk of courts fees and publication fees, shall be paid by the judgment debtor, regardless of whether such compromise settlement is approved by the court or not, and before any petition is pres…

School funds shall be paid by the school district business manager only upon check, warrant, or electronic funds transfer approved by the school board. A school board may authorize the payment of a claim against the school district for goods or services prior to the next board me…

Checks issued for the payment of old age and survivor's insurance (social security) tax, and for internal revenue tax withheld from school district employees and other mandatory payroll deductions shall be paid as a preference obligation of the school district before registered w…

The business manager shall keep a register of all registered warrants endorsed as provided by § 13-18-9 and all such registered warrants shall be paid in the order of registration. Source: SDC 1939, § 15.2221; SL 1947, ch 64 ; SL 1955, ch 41 , ch 10, § 13; SL 1957, ch 70 ; SDC Su…

13-18-13 Call of registered warrants for payment--Cessation of interest. 13-18-14 Cancellation of check or warrant not presented for payment--Notation in register. 13-18-15 Payment of check or warrant despite cancellation provisions. 13-18-16 Petty cash account--Maximum amount. 1…

Whenever there shall come into the hands of the business manager, or subject to his order, money applicable to the payment of any registered warrant, the business manager shall notify in writing, by mail, the holder of such registered warrant, at his last known place of residence…

The school board may, by resolution, cancel any check or warrant that has not been presented for payment at any time within two years of the date on which the check or warrant was issued. Upon such resolution the business manager shall note the cancellation in the check or warran…

Notwithstanding any provision for cancellation of checks or warrants, the school board shall direct the payment of any properly issued check or warrant to any person entitled to payment thereof within a period of six years from date of issue thereof and may direct payment of chec…

Nothing in § 13-18-1 or 13-18-2 prohibits the establishment of a petty cash account. Moneys in such an account shall be set aside on an imprest basis from the fund of ownership upon presentation of a voucher by the business manager and approval by the board. The school board shal…

A school district may establish an incidental account in an amount determined by the board by setting aside on an imprest basis money from the general fund. Such incidental account shall be kept and used by the officer designated by the board for advanced payment or for claims re…

Any health insurance plan or policy provided by a school district for school district officers and employees may include the use of flexible spending accounts, which may include payment or reimbursement through the use of debit cards, direct deposit to financial institutions, by …

The school district business manager shall draw and sign all checks or warrants for purposes legally ordered by the school board, and every such check or registered warrant shall be countersigned by the president of the board unless otherwise provided by law, and shall specify th…

No check or warrant may be drawn by the business manager except for indebtedness incurred prior to its issue and upon the presentation of an itemized invoice, accompanied by a voucher verified by the appropriate school official that the services, other than those provided by scho…

Repealed by SL 1975, ch 128 , § 377 13-18-8 Business manager's check register--Form and contents. 13-18-9 Registered warrant prenumbered and issued when funds insufficient--Records kept--Endorsement--Interest earned. 13-18-10 Checks for federal tax payments as preferred obligatio…

The business manager shall keep a check register, which register shall show in a column arranged for that purpose the number, date, and amount of each check issued, the fund upon which the same is drawn, the date of issue, and the name of the payee. Source: SDC 1939, § 15.2220; S…

Whenever an approved voucher is presented for payment and there is insufficient money in the fund for the full payment of the claim, the school board may instruct the business manager to issue a prenumbered registered warrant or warrants for the payment of the approved voucher. T…

Source: SL 1986, ch 124 , § 3; SL 1989, ch 146 , § 8; SL 1999, ch 84 , § 7; SL 2015, ch 89 , § 19; SL 2015, ch 90 , § 2.

Any school board may borrow money, from any source willing to lend the money, by issuing a promissory note subject to the limitations and regulations set forth in §§ 13-19-2 to 13-19-6 , inclusive. All notes shall be authorized, issued, and sold in accordance with the provisions …

13-19-2 Amount borrowed on notes limited by anticipated receipts. 13-19-2.1 Repealed 13-19-3 Borrowing limit reduced by outstanding warrants or notes. 13-19-4 Interest rate on notes. 13-19-5 Signing of notes. 13-19-6 Cash receipts devoted to retirement of warrants and notes when …

A school district may issue and sell or pledge its notes to the health and educational facilities authority or the authority's designated agent or trustee. School districts may enter into contracts and agreements with the health and educational facilities authority to effectuate …

Repealed by SL 1984, ch 43 , § 131 13-19-18

Repealed by SL 1984, ch 43 , § 131 13-19-27 Financing arrangements for capital improvements and expenditures incident to consolidation. 13-19-28 Terms of financing arrangements. 13-19-29 Limitation on expenditures when amounts are due and funds pledged as security. 13-19-30 Agree…

Except for obligations to the state, including the health and educational facilities authority, or federal government, the money borrowed pursuant to § 13-19-1 may not exceed the sum of ninety - five percent of the amount of taxes levied or proposed to be levied by the school boa…

Source: SL 1990, ch 133 , § 3; SL 2021, ch 73 , § 20.

Any school district may enter into lease-purchase agreements or other financing arrangement with or issue capital outlay certificates that are secured by a pledge of state aid to education funds in connection with a program sponsored by the Health and Educational Facilities Autho…

The terms of the lease - purchase agreement, resolution, certificate, or other arrangement, or any bond, note, or certificate issued to or in connection with a program sponsored by the Health and Educational Facilities Authority for school districts and shall contain such terms a…

If capital outlay certificates are issued pursuant to the program authorized by § 13-19-27 or 1-16A-97 , or a lease-purchase agreement, or other financing arrangement is entered into with the Health and Educational Facilities Authority as authorized by § 13-13-39 , 13-16-6.4 , 13…

In case any registered warrants or promissory notes are outstanding against the fund for which the money is to be borrowed, the borrowing limit as specified in § 13-19-2 shall be reduced by the amount of such warrants or promissory notes outstanding at the time the money is borro…

Any school district may enter into an agreement with the Health and Educational Facilities Authority and any financial institution acting as trustee or paying agent for bonds, leases, certificates, or other obligations, issued for the purpose of implementing §