CHAP. 296.—An ACT to amend and re-enact section fifteen hundred and
seven of the Code of Virginia, as amended and re-enacted by an act
entitled ‘fan act to amend and re-enact section fifteen hundred and
seven of the Code of Virginia, as amended and re-enacted by an act
approved December twenty-eighth, nineteen hundred and three,” ap-
proved March fourteenth, nineteen hundred and eight.

Approved March 14, 1912.

1. Be it enacted by the general assembly of Virginia, That
section fifteen hundred and seven of the Code of Virginia, as
amended and re-enacted by an act entitled “an act to amend
and re-enact section fifteen hundred and seven of the Code of
Virginia, as amended and re-enacted by act approved December
twenty-eighth, nineteen hundred and three,” approved March
fourteenth, nineteen hundred and eight, be amended and re-
enacted so as to read as follows:

§1507. Approximate apportionment and disbursement of
State funds.—The auditor of public accounts, on or before the
fifteenth day of September of each year, shall make a calcula-
tion of the gross amount of all funds applicable to public free
school purposes for the ensuing year, which calculation shall
be based upon the land and property books of the several com-
missioners of the revenue for said year; and when said books
have not been received in time, he shall base said calculation
upon the commissioners’ books of the next preceding year. He
shall report to the superintendent of public instruction, not
later than the fifteenth day of September in each year, ninety
per centum of the gross amount of all the funds found to be ap-
plicable to public free school purposes for the current year as
an approximate basis for distribution; whereupon, under the di-
rection of the State board of education, there shall be fur-
nished to the auditor a distributive statement of the amounts
due the several counties and cities in the State upon this ap-
proximate basis. Upon receipt of such statement the auditor
shall issue his warrant upon the treasurer of the State, in favor
of each division superintendent of schools, for the amount each
city or county is entitled to receive under such statement, which
warrant, when endorsed by the division superintendent to the
treasurer of the county or city, as provided by the following
section, shall be paid by the treasurer of the State, or shall be
accepted from such county or city treasurer as cash in all set-
tlements for public revenue made by him with the auditor, as
far as paid by the warrants provided for in section fifteen hun-
dred and nine of this chapter.