                                 CODE OF VIRGINIA

MANAGEMENT OF FUNDS FOR JOINT SCHOOL; COUNTY OR CITY TREASURER AS FISCAL AGENT
(§ 22.1-118)

The treasurer of a county or city in which a joint school is located shall be
the fiscal agent of such school and shall receive and disburse the funds
thereof. However, the participating school boards of a joint school, including
an academic year Governor&#8217;s School operated by two or more school
divisions, may by agreement and with the approval of the respective local
governing bodies, select the fiscal agent for the joint school from among the
treasurers, as defined in § 58.1-3123, of the participating localities. All
disbursements shall be by warrant signed by the clerk of the committee for
control of such school and countersigned by such treasurer as fiscal agent.
		For his services as fiscal agent, the treasurer shall be paid such salary as
may be agreed upon by the committee for control of the joint school and
treasurer. In the event they cannot agree, then the amount of salary to be paid
shall be submitted to the circuit court of the county or city in which the
school is located for hearing and determination, and the amount so fixed by the
court shall be binding upon both the treasurer and the committee. Nothing
contained in this section shall affect the regular salary allowance of the
treasurer as fixed annually by the State Compensation Board.
		The provisions of this section shall not apply to the property and school
known as New London Academy leased under the provisions of Chapter 174 of the
Acts of Assembly of 1887, approved May 10, 1887, and acts amendatory thereof,
nor shall they apply in Albemarle County.

HISTORY: Code 1950, § 22-133.1; 1970, c. 215; 1980, c. 559; 1993, cc. 7, 161;
2003, c. 702; 2007, cc. 45, 813.