Okla. Stat. tit. 70, § 70-5-188
This is the official text of Okla. Stat. tit. 70, § 70-5-188, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Supplemental appropriation of unencumbered balance –
Official statutory text
Underestimations – Reapportionment to appropriation accounts.
Provided all fund balances reserved for unencumbered balance of
appropriations for the prior fiscal year on hand at the close of day
set by the board of education in the current fiscal year, but in no
event later than September 30, may be appropriated by supplemental
appropriation to current expense purposes in the current fiscal year
Oklahoma Statutes - Title 70. Schools Page 332
in the manner now provided by law. In the event of the recording of
an estimated encumbrance or in the event of an increase in the cost
of supplies, equipment, material, or services, these
underestimations may be provided for during the time period set by
the board by the cancellation of appropriations made by the county
excise board prior to June 30, subject to the approval of both the
governing board and the officer in charge of the department or
appropriation account only in instances as set forth and only in
amounts sufficient to pay the increased encumbrances, and by
reapportionment to the appropriation accounts in which an
underestimated encumbrance was made, all in the manner as now
provided by law for the making of supplemental appropriations.
Provided all fund balances reserved for unencumbered balance of
appropriations for the prior fiscal year on hand at the close of day
set by the board of education in the current fiscal year, but in no
event later than September 30, may be appropriated by supplemental
appropriation to current expense purposes in the current fiscal year
Oklahoma Statutes - Title 70. Schools Page 332
in the manner now provided by law. In the event of the recording of
an estimated encumbrance or in the event of an increase in the cost
of supplies, equipment, material, or services, these
underestimations may be provided for during the time period set by
the board by the cancellation of appropriations made by the county
excise board prior to June 30, subject to the approval of both the
governing board and the officer in charge of the department or
appropriation account only in instances as set forth and only in
amounts sufficient to pay the increased encumbrances, and by
reapportionment to the appropriation accounts in which an
underestimated encumbrance was made, all in the manner as now
provided by law for the making of supplemental appropriations.
Status: reserved · Read it on the official government site
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