Connecticut General Statutes/Title 10/Chapter 171/Section 10-248a

CGS § 10-248a. Unexpended education funds account.

For the fiscal year ending June 30, 2024, and each fiscal year thereafter, notwithstanding any provision of the general statutes or any special act, municipal charter, home rule ordinance or other ordinance, a local board of education may deposit into a nonlapsing account any unexpended funds from the prior fiscal year from the budgeted appropriation for education, provided (1) such deposited amount does not exceed two per cent of the total budgeted appropriation for education for such prior fiscal year, (2) each expenditure from such account shall be made only for educational purposes, and (3) each such expenditure shall be authorized by the local board of education for such town.

Short History

(P.A. 10-108, S. 32; P.A. 19-117, S. 285; P.A. 21-40, S. 9; P.A. 24-45, S. 7.)

Long History

History: P.A. 10-108 effective July 1, 2010; P.A. 19-117 replaced “2011” with “2020”, designated existing provision re amount of total budgeted appropriation for education as Subdiv. (1) and amended same to add “deposited” and replace “one per cent” with “two per cent”, and added Subdiv. (2) re expenditures from account to be made only for educational purposes and added Subdiv. (3) re expenditure to be authorized by local board of education, effective July 1, 2019; P.A. 21-40 made a technical change; P.A. 24-45 replaced “June 30, 2020” with “June 30, 2024”, replaced “the board of finance in each town having a board of finance, the board of selectmen in each town having no board of finance or the authority making appropriations for the school district for each town” with “a local board of education” and deleted “for the town,”, effective May 21, 2024.

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