A school district may hold and use all monies obtained for lost or damaged school textbooks, subject matter materials, supplementary books or instructional computer software to repair or replace textbooks, subject matter materials, supplementary books or instructional computer software which are lost or damaged. A school district shall use these monies in addition to the monies budgeted for purchase of new textbooks, subject matter materials, supplementary books or instructional computer software.
A.R.S. § 15-729