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(a) In the request of the personnel and as part of the employee's payment arrangement, the board may possibly buy somebody annuity contract for an employee for retirement or other purposes and could make payroll allocations in accordance with this sort of arrangement for the purpose of paying out the complete high quality due and to become due below such deal. The allocation needs to be designed in a very manner which will qualify the annuity rates, or even a part thereof, with the profit afforded underneath part 403(b) of the current Federal Interior Earnings Code or any equal provision of subsequent federal revenue tax legislation.
So as to allocate transportation expense based mostly on contract prices, a school district, if audited, should be able to reveal to your auditor that variances in the application of transportation Value basis costs are correct.
Absolutely nothing herein shall make the district chargeable for accidents resulting through the steps of these types of people.
ninety two. The commissioner shall approve inclusion of those prices while in the regular transportation classification provided that the total variety of educational hrs in The varsity year divided by the full number of days for which transportation is furnished equals or exceeds the quantity of educational hours every day prescribed in The principles of the Division of Training.
(f) A district That could be a member of a cooperative unit as Find more information described in area 123A.24, subdivision two, might obligate itself to engage in and supply economic assistance for an agreement that has a cooperative unit to supply faculty setting up Place to get a term not to exceed two a long time with a choice within the A part of the district to renew for an additional two several years.
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The board might present for that admission into the colleges with the district, of nonresident pupils, and people previously mentioned school age, and fix the prices of tuition for these types of pupils.