Sec 15-912. Consolidation assistance

A. A resulting school district after merger of school districts may budget for consolidation assistance as provided in subsection B of this section if the school districts which merge include any of the following:

1. A common school district and at least one other common school district or at least one unified school district.

2. A high school district and at least one other high school district or at least one unified school district.

3. A unified school district and at least one other unified school district or at least one high school district or at least one common school district.

B. The eligible school district may increase the revenue control limit and the district support level for the first year of operation by an amount determined as follows:

1. Through December 31, 2006, five per cent of the revenue control limit.

2. Beginning January 1, 2007, the amount of any transitional costs that are directly associated with routine formalities that are necessary as a result of consolidation such as changing of signs, letterhead, stationery and similar issues.

C. A school district which budgets for consolidation assistance pursuant to this section may not budget for unification assistance pursuant to section 15-912.01 during the one year period for which the consolidation assistance is in effect.