Colorado § 22-5-106 - Financing, budgeting, and accounting.
Full text of Colorado Colorado Revised Statutes § 22-5-106 — Financing, budgeting, and accounting., with citation guidance and answers to common questions.
§ 22-5-106. Financing, budgeting, and accounting.
(1) (a) Financing of the services performed under the direction of the board of cooperative services shall be by contributions from available moneys in any funds, which may be legally expended for such services, of the participating members on the basis of a proportionality agreed upon by the participating members and from the boards of cooperative services.
(b) A board of cooperative services may finance all or a portion of the costs of an approved career and technical education program from funds received pursuant to part 1 of article 8 of title 23.
(2) A board of cooperative services shall adopt a budget and an appropriation resolution prior to the beginning of the fiscal year for which adopted.
(3) A board of cooperative services shall follow the provisions of the "School District Budget Law of 1964", being part 1 of article 44 of this title, wherever such provisions are applicable; except that the provisions of sections 22-44-112 (3)(c), (4), and (6) and 22-44-115 (4) shall not apply to a board of cooperative services.
Source: L. 65: p. 1028, § 5. C.R.S. 1963: § 123-34-5. L. 67: p. 793, § 1. L. 71: p. 1176, § 1. L. 73: p. 1293, § 2. L. 90: (2) amended, p. 1080, § 33, effective May 31. L. 91: (1) amended, p. 899, § 36, effective June 5. L. 2005: (1) amended, p. 435, § 10, effective April 29. L. 2017: (1)(b) amended, (SB 17-294), ch. 264, p. 1394, § 42, effective May 25. L. 2021: (1)(b) amended, (HB 21-1264), ch. 308, p. 1874, § 6, effective June 23.
Cross references: For the legislative declaration in HB 21-1264, see section 2 of chapter 308, Session Laws of Colorado 2021.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 22-5-106
What does Colorado Revised Statutes § 22-5-106 cover?
Section 22-5-106 ("Financing, budgeting, and accounting.") 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 § 22-5-106?
A common citation format is "Colorado Revised Statutes § 22-5-106" (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 § 22-5-106 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
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