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2019 SESSION
19102185DBe it enacted by the General Assembly of Virginia:
1. That § 22.1-100 of the Code of Virginia is amended and reenacted as follows:
§ 22.1-100. Unexpended school and educational funds.
All sums of money derived from the Commonwealth which that
are unexpended in any year in any school division shall revert to the fund of
the Commonwealth from which derived unless the Board of Education directs
otherwise. All sums derived from local funds unexpended in any year shall
remain a part of the funds of the governing body
appropriating the funds school
board for use the next year, but no
local funds shall be subject to redivision outside of the locality in which
they were raised.