HB 2526--
Session of 1997
By Committee on Appropriations

9 AN ACT concerning the budget law for municipalities and other taxing 10 subdivisions; relating to budget and expenditure information of school 11 districts; amending K.S.A. 79-2927 and repealing the existing section. 12 13 Be it enacted by the Legislature of the State of Kansas: 14 Section 1. K.S.A. 79-2927 is hereby amended to read as follows: 79- 15 2927. (a) The governing body of each taxing subdivision or municipality 16 shall meet not later than the first day of August of each year, and shall 17 prepare in writing on forms furnished by the director of accounts and 18 reports a budget itemized and classified by funds and showing amounts 19 to be raised by taxation and from other sources for the ensuing budget 20 year. The budget shall show in parallel columns all amounts and items to 21 be expended for the ensuing budget year and the amounts appropriated 22 for corresponding or other items during the current budget year and 23 amounts expended for corresponding or other items during the preceding 24 budget year. The budget for each fund shall not include any item for 25 sundry or miscellaneous purposes in excess of 10% of the total. Except 26 for school districts, municipal universities and community colleges, the 27 budget for each fund may include a non-appropriated balance of not to 28 exceed 5% of the total of each fund. 29 (b) The budget shall show in parallel columns the amount of revenue 30 actually received from taxation and from other sources, with the amount 31 from each source separately stated for the preceding budget year and the 32 amount actually received and estimated to be received from taxation and 33 from sources other than direct taxation with the amount for each source 34 separately stated for the current budget year and also the amount esti- 35 mated to be received during the ensuing budget year, with the amount 36 estimated to be received from each source separately stated. The budget 37 of expenditures for each fund shall balance with the budget of revenues 38 for such fund and that portion of the budget of revenues to be derived 39 from ad valorem property taxation shall not exceed the amount of tax 40 which can be raised by any fund limit or aggregate limit placed upon such 41 fund. 42 (c) In addition to other budget and expenditure information required 43 to be prepared and submitted, the budget prepared by each school district HB 2526

 1  shall include a chart setting forth all amounts and items of expenditures
 2  of federal funds and all public or private grants and gifts for the two
 3  preceding budget years. The chart shall set forth such information in the
 4  categories and form prescribed by the state board of education.
 5    Sec. 2.  K.S.A. 79-2927 is hereby repealed.
 6    Sec. 3.  This act shall take effect and be in force from and after its
 7  publication in the statute book.