Meaning Contingent budget
What does Contingent budget mean? Below you find one meaning for the word Contingent budget You can also add a definition of Contingent budget yourself
1 |
0
0
Contingent budgetUnder state law, school boards can submit a budget to voters a maximum of two times. If the proposed budget is defeated twice, the board must adopt a contingency budget. The board also has the option of going directly to a contingent budget immediately after the first budget defeat. Under a contingent budget, the district may not inc [..]
|
| << Budget cap | Tax base >> |