MASBO Book

In memorium "Pupils equal dollars; dollars equal pupils." —Dr. Leo P. Turo

	Educational Enterprise	Financial Resource Management	Human Resource Management	Facility Management	Property Acquisition & Management	Information Management	Ancillary Services

Financial Resource Management

Massachusetts General Laws

Last updates October 6, 2008

Chapter 41: Section 58. Duties; notice of condition of appropriations; record of appropriations
Chapter 44: Section 31. Liabilities in excess of appropriations forbidden; exceptions
Chapter 44: Section 53. City, town or district funds; use and disposition
Chapter 44: Section 53A. Grants and gifts; acceptance and expenditure
Chapter 44: Section 64. Payment of bills incurred in excess of appropriations
Chapter 71: Section 34. Support of schools; appropriations; recommendations
Chapter 71: Section 37A. Grants; acceptance and disbursement
Chapter 71: Section 37B. Purchase of or making payments to annuities or investments
Chapter 71: Section 37M. Consolidation of administrative functions with city or town
Chapter 71: Section 38N. Proposed annual budgets; public hearings required; quorum
Chapter 71: Section 47. Athletic programs; school organizations; student activity accounts
Chapter 71: Section 52. Compensation of school committee members
Chapter 71: Section 59. Superintendent of schools; appointment; compensation; powers and duties
Chapter 71: Section 59B. Principals; appointment; compensation; duties; appointment of other personnel
Chapter 71: Section 71. Use of school property; purposes
Chapter 71: Section 71D. Prepayment of tuition to private schools or program sources
Massachusetts Laws Relating to Finance and Taxation - Bulletin to order from State Book Store or will arrive annually
Regional Schools
Chapter 71: Section 16. Status; powers and duties
Chapter 71: Section 16A. Regional district school committee; selection, powers and duties of officers; subcommittees
Chapter 71: Section 16B. Budgets; apportionment of expenses
Chapter 71: Section 16B½. Excess and deficiency fund; surplus funds used to reduce assessments
Chapter 71: Section 16D½. Monies received as nonresident tuition or reimbursements from commonwealth for foster care children
Chapter 71: Section 16G½. Stabilization fund
Chapter 71: Section 17A. Culinary arts program; special fund
Chapter 71: Section 20A. Instructional Materials Trust Fund
Revolving Funds for School Department Programs (see also Budgeting section for additional information)
- Schedule of School Revolving Funds (grid layout by DOR)
- School Department Revolving Funds by Gary A. Blau, City and Town a publication of the Department of Revenue, Division of Local Services
- Chapter 71: Section 47. Athletic programs; school organizations; student activity accounts
- Chapter 71: Section 71. Use of school property; purposes
- Chapter 71: Section 71C. Community school programs; receipts; deposit and expenditure
- Chapter 71: Section 71E. Appropriations for and expenditure of receipts from adult education and continuing education programs
- Chapter 71: Section 71F. Nonresident or foster care students; deposit of tuition payments and state reimbursements; expenditures and appropriations
- Chapter 71: Section 72. Sale of lunches
- Chapter 71B: Section 5A. Special education reimbursement program (Circuit Breaker)
- Chapter 74: Section 14B. Culinary arts; revolving fund

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