{"data":{"id":"us-nd/n.d.-cent.-code-15.1-27-35.3","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 15.1-27-35.3","heading":"Payments to school districts - Unobligated general fund balance","body":"1.a.Except as provided in subdivision b, beginning July 1, 2027, the superintendent of public instruction shall determine the amount of payments due to a school district and shall subtract from that the amount by which the unobligated general fund balance of the district on the preceding June thirtieth is in excess of thirty-five percent of its actual expenditures, plus fifty thousand dollars.\nb.The superintendent of public instruction shall determine the amount of payments due to a school district and shall subtract from that the amount by which the unobligated general fund balance of the district on the preceding June thirtieth is in excess of thirty-five percent of its actual expenditures, plus one hundred thousand dollars if the school district is in a cooperative agreement with another school district to share academic resources, and the school districts are considering reorganization under chapter 15.1-12. An eligible school district may receive payments under this provision for a maximum of two years.\n2.For purposes of this section, a district's unobligated general fund balance includes all moneys in the district's miscellaneous fund, as established under section 57-15-14.2, but does not include federal impact aid funding.","path":["Title 15.1 Elementary And Secondary Education","Chapter 15.1-27 State Aid"],"source_url":"https://ndlegis.gov/cencode/t15-1c27.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"a428eeacec90ef25cdc8592cc22affdb92642655f309ad2b6272f281dd082e30","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-15.1-27-35.2","next":"us-nd/n.d.-cent.-code-15.1-27-36"},"notice":"GroundRules: Original legal text. Not legal advice."}