RSA 194:3-c Revolving Funds for Self-Supporting Programs.

Title: XV - EDUCATION Chapter: 194 - SCHOOL DISTRICTS

I. A school district may establish a revolving fund for the purpose of providing moneys for school programs which are self-supporting, in whole or in part. The purposes for which such fund is established shall be specified by the district.
II. (a) A school district may raise revenues from and appropriate funds for such self-supporting school programs.
(b) Revenue may include, but is not limited to, moneys derived from the sale of goods or services associated with such programs or tuition charged for such programs. Such revenue shall be appropriated to fund only the program from which it was derived.
(c) A school district may establish a line item in its budget to supplement revenue derived from such programs. No supplemental appropriation may be made except by such

Log in to read the full statute text and search all NH RSAs.

Read Full Statute