                                 CODE OF VIRGINIA

APPROVAL OF ANNUAL BUDGET FOR SCHOOL PURPOSES (§ 22.1-93)

Notwithstanding any other provision of law, including but not limited to Chapter
25 (§ 15.2-2500 et seq.) of Title 15.2, the governing body of a county and the
governing body of a municipality shall each prepare and approve an annual budget
for educational purposes by May 15 or within 30 days of the receipt by the
county or municipality of the estimates of state funds, whichever shall later
occur. Upon approval, each local school division shall publish the approved
annual budget in line item form, including the estimated required local match,
on the division&#8217;s website, and the document shall also be made available
in hard copy as needed to citizens for inspection.
		The Superintendent of Public Instruction shall, no later than the fifteenth
day following final adjournment of the Virginia General Assembly in each
session, submit estimates to be used for budgetary purposes relative to the
Basic School Aid Formula to each school division and to the local governing body
of each county, city and town that operates a separate school division. Such
estimates shall be for each year of the next biennium or for the then next
fiscal year.

HISTORY: Code 1950, § 22-127; 1956, Ex. Sess., c. 67; 1959, Ex. Sess., c. 79,
§ 1; 1968, c. 614; 1971, Ex. Sess., c. 162; 1975, c. 443; 1978, c. 551; 1980,
c. 559; 1981, c. 541; 2008, cc. 353, 404; 2009, c. 280; 2011, c. 216; 2015, cc.
143, 370, 371.