§ 1011.12, Fla. Stat. · Part I. PREPARATION, ADOPTION, ANDIMPLEMENTATION OF BUDGETS
Purposes of and procedures in incurring school indebtedness.
Text — 2026 Florida Statutes
Indebtedness for school purposes may be incurred only as follows:
(1) School districts may issue bonds creating a long-term indebtedness as prescribed by law.
(2) Notes may be issued for money borrowed in anticipation of the receipt of current school funds, included in the budget from the state, county, or districts, as authorized under s. 1011.13.
(3) Indebtedness may be incurred for certain purposes as authorized under s. 1011.14, s. 1011.15, or s. 1011.16.
(4) Bonds or revenue certificates issued on behalf of the district by the State Board of Education as authorized by s. 18, Art. XII of the State Constitution of 1885 as adopted by s. 9(d), Art. XII of the State Constitution, and the additional provisions of s. 9(d), Art. XII of the State Constitution.
Notes and commentary — not statutory text
History
s. 615, ch. 2002-387.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=1000-1099/1011/1011.html
- Text hash
- sha256 0865f1608cccf9f4935ca8b4991d8a4a2ef1ae309b238f1db9a353415cbf8f53
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
- § 1011.13, Fla. Stat.Current loans authorized under certain conditions.Printed as s. 1011.13
- § 1011.14, Fla. Stat.Obligations for a period of 1 year.Printed as s. 1011.14
- § 1011.15, Fla. Stat.Obligations to eliminate major emergency conditions.Printed as s. 1011.15
- § 1011.16, Fla. Stat.Provisions for retirement of existing indebtedness which is unfunded or in default.Printed as s. 1011.16
Constitution of the State of Florida
Cited by 1 provision
Provisions in this library whose text cites § 1011.12, Fla. Stat.. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.