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§ 6-671. Fiscal year

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. EducationEffective: December 23, 2003

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 24 P.S. Education
Chapter 1. Public School Code of 1949 (Refs & Annos)
Article VI. School Finances (Refs & Annos)
Subarticle (e). Second, Third and Fourth Class School Districts (Refs & Annos)
Effective: December 23, 2003
24 P.S. § 6-671
§ 6-671. Fiscal year
Currentness
(a) In all school districts of the second, third, and fourth class, the fiscal year shall begin on the first day of July in each year: Provided, That the board of school directors of any district of the second class may, by resolution adopted by two-thirds vote of the members thereof at a meeting of the board after not less than ten days' notice of the fact that such resolution would be presented for action at such meeting, fix the fiscal year of such school district so as to begin on the first day of January in each year instead of on the first day of July as hereinabove provided.
(b)(1) For fiscal years beginning after June 30, 2004, a school district of the second, third or fourth class may delay the adoption of its annual budget beyond the last day in June where legislation providing the appropriation for basic education funding to be paid as a reimbursement for the preceding school year is not enacted by June 15.
(2) A school district that delays the adoption of its annual budget under paragraph (1) shall adopt an annual budget no later than fifteen days subsequent to the enactment of legislation providing the appropriation for basic education funding to be paid as a reimbursement for the preceding year.
(3) The provisions of section 687 requiring ten days' public notice prior to final action shall apply in cases when the adoption of a school district's budget is delayed under this subsection.

Credits

1949, March 10, P.L. 30, No. 14, art. VI, § 671. Amended 1949, May 23, P.L. 1722, § 1; 1951, Sept. 26, P.L. 1464, § 1; 1963, July 31, P.L. 389, § 8, effective July 1, 1963; 2003, Dec. 23, P.L. 304, No. 48, § 4, imd. effective.
24 P.S. § 6-671, PA ST 24 P.S. § 6-671
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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