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Florida Attorney General Reports

Decided February 18, 1980Published

1Opinion of the Court

W. Arvel Drury Attorney for Hamilton County School Board Jasper

QUESTION:

What is the meaning of the term `unfunded indebtedness,' as used in s. 5(2), ch. 31459, 1956, Laws of Florida?

SUMMARY:

The term `unfunded indebtedness' as used in ch. 31459, 1956, Laws of Florida, refers to any debt or indebtedness of the Hamilton County School Board for which no specific taxes or revenues have been provided to pay the interest on and principal of such debt.

Section 5(2), ch. 31459, 1956, Laws of Florida, provides:

All remaining monies shall be distributed one-half (1/2) to the Board of Public Instruction of…

2Cases cited8 opinions

  1. Gaulden v. KirkSupreme Court of Florida · 1950
  2. City of Huron v. Second Ward Sav. BankCourt of Appeals for the Eighth Circuit · 1898
  3. State Ex Rel. Hanbury v. TunnicliffeSupreme Court of Florida · 1929
  4. Florida Industrial Commission v. Growers Equipment Co.Supreme Court of Florida · 1943
  5. State v. City of JacksonvilleSupreme Court of Florida · 1951

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