Policies - Section 2300 » 2323 - (DBJ) Transfer of Appropriations

2323 - (DBJ) Transfer of Appropriations

 
 
2323 (DBJ)  Transfer of Appropriations 2323 (DBJ)
 

It is the intent of the School Board to limit its spending to the amount specified for each line
item. However, transfer of funds between line items will be permitted if deemed necessary. All
such transfers will be in accordance with the requirements of RSA 32:10.

The Board authorizes the Superintendent to transfer funds between line items up to $20,000.
Any such transfers shall be reported to the school board at the board's next regularly scheduled meeting. Any transfer in excess of $20,000 shall first require Board approval and authorization. Any transfer of funds between line items by the Superintendent shall be done so only to achieve purposes set forth the goals or aims to be accomplished through the expenditure of public funds.

In no circumstance shall the total amount spent exceed the total amount appropriated at the
school district annual meeting.

The Superintendent is authorized to develop administrative rules or regulations to accompany
this Policy.
 

Legal References:

RSA 32:10, Transfer of Appropriations
RSA 282-A:71, III, Unemployment Compensation

Revised: September 2013
Revised: July 1998, November 1999, March 2004, September 2009, June 2022