Section 22-44-112 - Transfer of moneys(1) A board of education shall not transfer moneys from one fund to another, except as authorized and in the manner prescribed by this part 1.(2)(a) A board of education may transfer by resolution any unencumbered moneys from one fund to another, except the transportation fund, the special building and technology fund, or the bond redemption fund.(3)(c) If the resolution authorizes expenditures in excess of the amount budgeted and appropriated to a particular function, and there is no unencumbered appropriation available in another function to transfer to the function wherein additional expenditures are needed, the board of education may issue warrants to be registered, in order to provide for such excess expenditures. The total amount of warrants which may be issued and registered pursuant to this paragraph (c) during any one fiscal year shall not exceed an amount equal to that which could be raised by a two mill levy for the calendar year in which the second half of such fiscal year is included on the valuation for assessment of the taxable property located within the territorial limits of the school district. Transfers and excess expenditures pursuant to this paragraph (c) shall be deemed to be budgeted and appropriated for the purpose specified in the resolution upon the effective date of the resolution.(4) Proceeds from the sale of bonds remaining after the completion of the project for which such bonds were authorized may be transferred to the bond redemption fund or, in the event all bonds have been redeemed, to the general fund. Moneys remaining in the bond redemption fund after all obligations of bonded indebtedness have been satisfied shall be transferred to the general fund. Any moneys remaining in a particular account in the bond redemption fund, after all obligations of bonded indebtedness of that particular account have been satisfied, shall be transferred to another account within said bond redemption fund which still has outstanding obligations of bonded indebtedness.(6) Notwithstanding the provisions of this section, a local district college board of trustees may transfer moneys from the student activity fund and the food-service fund, or moneys from any other auxiliary enterprise fund, to the general obligation or revenue bond fund.L. 64: p. 622, § 12. C.R.S. 1963: § 123-32-12. L. 67: p. 975, § 1. L. 75: (1) and (2)(a) amended and (2)(b), (3)(a), (3)(b), and (5) repealed, pp. 707, 708, §§ 4, 10, effective July 14. L. 83: (2)(a) amended, p. 758, § 2, effective April 21. L. 86: (6) amended, p. 844, § 2, effective July 1. L. 88: (2)(a) amended, p. 814, § 20, effective May 24. L. 90: (3)(c) amended, p. 1083, § 42, effective May 31. L. 91: (2)(a) amended, p. 539, § 5, effective May 1. L. 97: (2)(a) amended, p. 75, § 3, effective March 24; (2)(a) amended, p. 585, § 12, effective April 30. L. 2009: (2)(a) amended, (SB 09-256), ch. 294, p. 1570, §39, effective May 21.Amendments to subsection (2)(a) by House Bill 97-1200 and House Bill 97-1249 were harmonized.