Code: DBK
Amity School District 4J
Adopted: 04/11/90 Revised/Readopted: 02/13/02, 10/13/10
Budget Transfer Authority
The adopted budget is a financial plan which may be subject to change as a result of circumstances or events occurring during the ensuing budget period. All appropriation transfers shall be authorized when completed by official resolution of the Board. The authorizing resolution must state the need for the transfer, its purpose and the amount of the transfer.
Intrafund Transfers
Transfers of general operating contingency appropriations which in aggregate during a fiscal year or budget period exceed 15 percent of the total appropriations of the fund may be made only after the adoption of a supplemental budget prepared for that purpose.
END OF POLICY
Legal Reference(s):
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