Each participating board of education and participating local government shall pay and deposit, or cause to be paid and deposited, into its general fund all amounts distributed and paid to it pursuant to applicable provisions of Sections 45-52-161.03, 45-52-161.04, and 45-52-161.07, and all such amounts may be expended by the participating board of education or participating local government as the case may be, for any purpose for which it may otherwise lawfully expend moneys in the general fund.
Ala. Code § 45-52-161.08 (1975)