Colorado § 22-44-103 - Budget and appropriation - required.
Full text of Colorado Colorado Revised Statutes § 22-44-103 — Budget and appropriation - required., with citation guidance and answers to common questions.
§ 22-44-103. Budget and appropriation - required.
(1) The board of education of each school district shall adopt a budget and an appropriation resolution for each fiscal year, prior to the beginning of the fiscal year. The board shall ensure that the district uses the full accrual basis of accounting when budgeting and accounting for any enterprise funds included in the district budget.
(2) If a new school district is organized during a fiscal year and the school districts included therein do not operate the schools until the end of the school year, the board of education of the newly organized district shall adopt a budget and appropriation resolution to cover only the remaining portion of the fiscal year. Such budget shall be based on the total of the amounts budgeted and appropriated by the board of education of any former district wholly included in the new district and the pro rata amounts budgeted and appropriated by the board of education of any district only partly included therein, to the respective funds, functions, and objects in the budget of the newly organized district.
Source: L. 64: p. 618, § 3. C.R.S. 1963: § 123-32-3. L. 2003: (1) amended, p. 1284, § 3, effective July 1.
Frequently Asked Questions About Colorado § 22-44-103
What does Colorado Revised Statutes § 22-44-103 cover?
Section 22-44-103 ("Budget and appropriation - required.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 22-44-103?
A common citation format is "Colorado Revised Statutes § 22-44-103" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 22-44-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.