Use of state education fund money for school capital construction - audits - reports

2-3-115. Use of state education fund money for school capital construction - audits - reports. (1) For the 2001-02 school district budget year and each school district budget year thereafter, for the purpose of determining the amount of state education fund moneys expended by each school district in the state for capital construction and identifying the schools and projects on which school districts expended such moneys, the state auditor shall annually examine the records of each school district in the state that received state education fund moneys for the budget year: (a) Directly from the department of education for capital construction aid to qualified charter schools, as defined in section 22-54-124 (1)(f.6), C.R.S., in accordance with section 22-54-124 (4), C.R.S.; or (b) For budget years 2000-01 through 2006-07, indirectly from the school capital construction expenditures reserve created in section 22-54-117 (1.5)(a)(I), C.R.S., as said reserve existed prior to July 1, 2008, and for the budget year 2007-08, indirectly from the school capital construction expenditures reserve fund, as said fund existed prior to July 1, 2008. (2) Repealed. Source: L. 2001: Entire section added, p. 349, � 12, effective April 16. L. 2002: (1)(a) amended, p. 1766, � 32, effective June 7. L. 2003: (1)(a) amended, p. 2139, � 40, effective May 22. L. 2006: (1)(a) amended, p. 594, � 1, effective August 7. L. 2007: (1)(b), (2)(c), and (2)(e) amended, p. 630, � 5, effective April 26. L. 2008: (1)(b), (2)(c), and (2)(e) amended, p. 1064, � 7, effective July 1. L. 2021: (2) repealed, (SB 21-198), ch. 135, p. 555, � 1, effective September 7. Editor's note: This section was originally numbered as 2-3-114 in Senate Bill 01-129 but has been renumbered on revision for ease of location.