HOUSE BILL NO. 68
AS AMENDED BY HOUSE AMENDMENT NO. 1 AND
HOUSE AMENDMENT NO. 1 TO HOUSE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 15, TITLE 14, DELAWARE CODE, RELATING TO SCHOOL DISTRICT QUARTERLY REPORTS.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §1509, Chapter 15, Title 14, Delaware Code, by striking the period "." immediately following the words "percent level" in the fifth sentence thereof and inserting the following:
"; provided, however, that if the unobligated balance is in excess of the 20 percent level or $100,000 whichever is more, all reorganized school districts shall submit in their August 31 report how they propose to expend and/or dispose of the excess unobligated balance above the 20 percent level or $100,000 whichever is more. This report shall have been reviewed and approved by the school board of each reorganized school district and be made a part of the public record of that school district."
Approved June 11, 1993.