Florida Statute 1011.12 | Lawyer Caselaw & Research

Florida Statute 1011.12 - Full Text and Legal Analysis

The 2024 Florida Statutes (including 2025 Special Session C)

Title XLVIII
EARLY LEARNING-20 EDUCATION CODE

Chapter 1011
PLANNING AND BUDGETING

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F.S. 1011.12

1011.12 Purposes of and procedures in incurring school indebtedness.—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.

History.—s. 615, ch. 2002-387.

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Amendments to 1011.12

Arrestable Offenses / Crimes under Fla. Stat. 1011.12

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Misdemeanor/Felony: First/Second/Third

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