Sec 15-1000. County school fund

The county school fund of each county shall consist of all revenues accruing to the credit of each county from:

1. That portion of the payments made under section 36-1419 which represents payment in lieu of the county levy for school purposes.

2. Taylor grazing act monies as provided in section 37-723.

3. All receipts from the lease of public lands as provided in section 37-724.

4. All balances remaining in the county school fund and in the special county school reserve fund at the end of the fiscal year and all balances of lapsed school districts remaining after the payments authorized under section 15-469.

5. All dividends, proceeds from sales, refunds, credits arising from cancelled warrants and any other sums or amounts that are attributable to the county school fund.

6. All other federal lieu taxes which are not specifically allocated by law.

7. Any gratuity or devise designated for specific school purposes.