School Laws of Oklahoma


Chapter 4 - Funds and Finance

Article I: Judgments
Article II: Purchasing and Leasing
Article III: Funds
Article IV: Revenue
Article V: Audits

Article I:

Judgments

  Section 620.
62 O.S. § 362
Judgments.
  Section 621.
62 O.S. § 363
Judgments - Compliance with Statute.
  Section 622.
62 O.S. § 364
Judgments - Less than $200.
  Section 623.
62 O.S. § 365.1
Courts of Record - Exclusive Jurisdiction for Money Judgments.
  Section 624.
62 O.S. § 365.2
Judgment - Certified Copy to Officers of Municipality.
  Section 625.
62 O.S. § 365.3
Officers - Record of Judgment and Levies.
  Section 626.
62 O.S. § 365.4
Levy - Invalidated - Revived by Decree.
  Section 627.
62 O.S. § 365.5
Payment of Judgments.
  Section 628.
62 O.S. § 365.6
Levies to Reimburse Sinking Fund.

Article II:

Purchasing and Leasing

  Section 629.
74 O.S. § 85.34
Comprehensive Professional Risk Management Program.
  Section 629.1.
57 O.S. § 549.1
Purchases From Department of Corrections.
  Section 630.
62 O.S. § 430.1
Lease-purchase Contracts - Rental of Real Property or Equipment.
  Section 631.
62 O.S. § 430.5
Firefighting Equipment.
  Section 632.
74 O.S. § 85.22
Noncollusion Affidavit Required for Competitive Bids Submitted to State.
  Section 633.
61 O.S. § 138
Noncollusion Affidavit Required for Competitive Bids Submitted to School District.
  Section 634. Repealed
  Section 635.
74 O.S. § 3110
Utility Bills Exempt.
  Section 636.
21 O.S. § 355
Member of Governing Body Not to Furnish Public Supplies.
  Section 637.
21 O.S. § 356
Contract or Purchase Void - Member of Body Liable.
  Section 638.
21 O.S. § 357
Penalty for Such Contract or Purchase.
  Section 639.
62 O.S. § 371
Contracts with Officers Void.
  Section 640.
62 O.S. § 372
Fraudulent Claims - Liability of Public Officers.
  Section 641.
62 O.S. § 373
Taxpayer May Institute Suit on Failure of Officers.
  Section 642. (Omitted)
  Section 643.
21 O.S. § 424
Conspiracy to Commit Offense or to Defraud.
  Section 644.
62 O.S. § 310.8
Blanket Purchase Orders.
  Section 645.
62 O.S. § 310.9
Sworn Statements on Invoices.
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Article III:

Funds

  Section 646.
62 O.S. § 513
Deposits with Federal Instrumentalities.
  Section 646.1.
62 O.S. § 9.11
Legislature to Present Funding Measures.
  Section 646.2.
62 O.S. § 517.1
Security for Local Public Deposits Act.
  Section 646.3.
62 O.S. § 517.2
Definitions.
  Section 646.4.
62 O.S. § 517.3
Public Deposits by Treasurer.
  Section 646.5.
62 O.S. § 517.4
Security for Public Deposits.
  Section 646.6.
62 O.S. § 517.5
Collateral for Public Deposits.
  Section 646.7.
62 O.S. § 517.6
Default or Insolvency of Public Depository.
  Section 646.8.
62 O.S. § 517.7
Liability of Treasurer.
  Section 647. (Omitted – not applicable to school districts.)
  Section 648.
62 O.S. § 552
When No Funds-Payment Thereafter in Order of Presentation - Penalty for Violation.
  Section 649.
60 O.S. § 177.2
Purchase of Nonpayable Warrants - Oklahoma Commission on School Funds Management.
  Section 650.
62 O.S. § 553
Notice of Ability to Pay Registered Warrants - Publication.
  Section 651.
62 O.S. § 554
Non-Payable Warrants - Interest.
  Section 652. (Omitted – not applicable to school districts.)
  Section 652.1. Levy and Collection of Taxes for Public Purposes Only.
  Article 10, § 14, Oklahoma Constitution
  Section 652.2. Pledge or Loan of Credit of State Prohibited - Exceptions.
  Article 10, § 15, Oklahoma Constitution
  Section 653. (Omitted – not applicable to school districts.)
  Section 654. (Omitted – not applicable to school districts.)
  Section 655. (Omitted – not applicable to school districts.)
  Section 656.
62 O.S. § 476
Amount to Be Issued.
  Section 657. (Omitted – not applicable to school districts.)
  Section 658. (Omitted – not applicable to school districts.)
  Section 659. (Omitted – not applicable to school districts.)
  Section 660.
62 O.S. § 480
Violation - Punishment.
  Section 661. (Omitted – not applicable to school districts.)
  Section 662. (Omitted – not applicable to school districts.)
  Section 663.
62 O.S. § 541
Sinking Fund - Investment.
  Section 664.
62 O.S. § 544
Apportionment of Interest - Sinking Fund.
  Section 664.1. (Omitted)
  Section 665.
62 O.S. § 304.1
Payment of Personnel by Payroll Purchase Order.
  Section 666.
62 O.S. § 304.2
Assignment of Salaries or Wages.
  Section 667.
62 O.S. § 335
Money Due For Property, Royalty or Services - Payment and Crediting.
  Section 668. (Omitted – not applicable to school districts.)
  Section 669.
62 O.S. § 305.1
Public Utility Billings.
  Section 670.
62 O.S. § 305.2
Terms Used in Preceding Section Defined.
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Article IV:

Revenue

  Section 671. Amount of Ad Valorem Tax.
  Article X, § 9, Oklahoma Constitution
  Section 672. Area School Districts - Technology Center Schools - Tax Levy.
  Article 10, § 9B, Oklahoma Constitution
  Section 673. Increase for Erecting Public Buildings.
  Article 10, § 10, Oklahoma Constitution
  Section 674.
68 O.S. § 2822
Budget for County-Wide Visual Inspection Program.
  Section 675.
68 O.S. § 2823
Ad Valorem Tax Revaluation Costs Apportioned.
  Section 675.1.
68 O.S. § 2815.2
Boundaries of School Districts.
  Section 676.
62 O.S. § 473
“Estimate Made and Approved” - Defined.
  Section 677.
68 O.S. § 3001
“Appropriation” - Defined.
  Section 678.
68 O.S. § 3002
Time for Making Estimates.
  Section 679.
68 O.S. § 3003
Estimate of Non-Tax Income for Budget - Federal Funds.
  Section 679.1. (Omitted – not applicable to school districts.)
  Section 680.
68 O.S. § 3105
Apportionment of Millage.
  Section 681.
68 O.S. § 3016
Excise Board to Make Estimates.
  Section 682.
68 O.S. § 3019
Certifying Appropriation - Warrants in Excess of Prohibited.
  Section 683.
68 O.S. § 3020
Temporary Appropriations.
  Section 684.
68 O.S. § 3021
Supplemental Appropriations.
  Section 685.
68 O.S. § 3032
Court of Tax Review - Issuance of Warrants Pending Protest.
  Section 686.
62 O.S. § 310.3
Removal From Office for Exceeding Appropriation.
  Section 686.1. (Omitted – not applicable to school districts.)
  Section 686.2.
62 O.S. § 310.5
Surplus for Unencumbered Balances–Supplemental Appropriations–Cancellation of Appropriations.
  Section 687.
62 O.S. § 461
Appropriations - Transfer of Balances.
  Section 688. Repealed
  Section 689.
62 O.S. § 333
Building Fund - Surplus Used to Reduce Tax for Sinking Fund.
  Section 690.
62 O.S. § 445
Surplus of Sinking Fund - Transfers.
  Section 691. Permanent School Fund.
  Article XI, § 2, Oklahoma Constitution
  Section 691.1.
64 O.S. § 51
Public Lands - Investment of School Funds.
  Section 691.2.
64 O.S. § 51.A
Public Lands - Monthly Distribution of Certain Funds.
  Section 692. Revenues Used for School Purposes Only.
  Article XI, § 3, Oklahoma Constitution
  Section 693.
70 O.S. § 614
Funds - Apportioned Monthly.
  Section 694.
70 O.S. § 615
Basis of Apportionment.
  Section 695.
47 O.S. § 1104
Auto License Fees - Apportionment.
  Section 696.
68 O.S. § 1004
Gross Production Tax - Distribution.
  Section 696.1.
68 O.S. § 703
Imposition of Special Fuel Use Tax.
  Section 696.2.
68 O.S. § 708
Special Fuel Use Tax Exemptions.
  Section 697.
68 O.S. § 1356
Sales Tax Exemptions - Governmental and Nonprofit.
  Section 697.1.
68 O.S. § 1357
Sales Tax Exemptions - Transportation.
  Section 697.2.
68 O.S. § 2105
Vehicle Excise Tax Exemption.
  Section 697.3.
68 O.S. § 2887
Ad Valorem Tax Exemption.
  Section 698.
68 O.S. § 5305
Vehicle Tax Stamps.
  Section 699.
62 O.S. § 204
Flood Control Rentals - Distribution.
  Section 700.
62 O.S. § 326
Rental From Forest Reserves.
  Section 701.
62 O.S. § 491
Submarginal Lands - Revenue - Distribution.
  Section 702.
63 O.S. § 1066
Payment Made by Housing Authority in Lieu of Taxes - Allocation to School District.
  Section 703.
63 O.S. § 2-417
Drug Abuse Education Revolving Fund.
  Section 703.1.
62 O.S. § 34.89
Education Reform Revolving Fund - Separate Accounting.
  Section 703.2.
62 O.S. § 34.90
Common Education Technology Fund.
  Section 703.3.
62 O.S. § 34.93
Teachers’ Retirement System Dedicated Revolving Fund.
  Section 703.4.
68 O.S. § 2368.5
Support of Oklahoma Common Schools Revolving Fund.

Article V:

Audits

 
  Section 704.
74 O.S. § 212
Audits of Political Subdivision and Levies to Raise Public Revenue.
  Section 704.1.
74 O.S. § 212.3
Form for Joint School District Millage Certifications.
  Section 705.
74 O.S. § 213
Investigative Audits of School Districts.
  Section 706.
74 O.S. § 227.8
Authority to Engage State Auditor and Inspector For Audits.
  Section 707. (Omitted)
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