Section 1482 - Budget preparation1.Preparation by regional school unit board. A regional school unit board shall annually prepare a budget for:A. Operational costs; [2007, c. 240, Pt. XXXX, §13(NEW).]B. Bonds falling due; [2007, c. 240, Pt. XXXX, §13(NEW).]C. Interest on bonds or other obligations; [2007, c. 240, Pt. XXXX, §13(NEW).]D. Rentals and other charges in a contract; and [2007, c. 240, Pt. XXXX, §13(NEW).]E. Temporary loans. [2007, c. 240, Pt. XXXX, §13(NEW).] [2007, c. 240, Pt. XXXX, §13(NEW).]
2.Distribution. At least 7 days before a regional school unit budget meeting, the regional school unit board shall make available to the legislative body responsible for final budget approval and residents of the regional school unit a detailed budget document. The detailed budget document must include a summary of anticipated revenues and estimated school expenditures. [2007, c. 240, Pt. XXXX, §13(NEW).]
2007, c. 240, Pt. XXXX, §13 (NEW) .