§ 16-7-23.2. School deficit reduction Maintenance of effort provision.
A city, town, or regional school district appropriating authority may appropriate supplemental funds to eliminate or reduce a school budget deficit. To the extent that such a supplemental appropriation represents payment of past annual expenditure, the payment shall not be used in the computation of the maintenance of effort requirements established by § 16-7-23.
(P.L. 2012, ch. 241, art. 12, § 7.)