Okla. Stat. tit. 70, § 70-3-145.7: Statewide Virtual Charter School Board Revolving Fund

— Transfer of funds to Statewide Charter School Board Revolving

Fund.

A. Until July 1, 2024, there is hereby created in the State

Treasury a revolving fund for the Statewide Virtual Charter School

Board to be designated the “Statewide Virtual Charter School Board

Revolving Fund”. The fund shall be a continuing fund, not subject

to fiscal year limitations, and shall consist of all monies received

by the Statewide Virtual Charter School Board from State Aid

pursuant to Section 3-145.3 of this title or any other state

appropriation. All monies accruing to the credit of the fund are

hereby appropriated and may be budgeted and expended by the

Statewide Virtual Charter School Board for the purpose of supporting

the mission of the Statewide Virtual Charter School Board.

Expenditures from the fund shall be made upon warrants issued by the

State Treasurer against claims filed as prescribed by law with the

Director of the Office of Management and Enterprise Services for

approval and payment.

B. On July 1, 2024, the Statewide Virtual Charter School Board

shall transfer any unencumbered funds in the Statewide Virtual

Charter School Board Revolving Fund to the Statewide Charter School

Board Revolving Fund created pursuant to Section 3 of this act. Any

funds which are unexpended on January 1, 2025, shall be transferred

to the Statewide Charter School Board Revolving Fund.