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1002-B.a BUDGET CONTROL POLICY (App. 3/20/00) |
Stewartville Public Schools; ISD 534 Processes to Reach Aim of Efficient and Effective Operations Aim: Efficient and Effective Operations Goal: Promote fiscal responsibility Processes: Budget Control Amounts of all major accounts of the budget as finally adopted by the School Board shall be listed as the maximum limit upon expenditures. Site administrators have the authority to request the Business Services Department to transfer budgeted dollars from one expenditure line item to another expenditure line item within a program The total budget for expenditures for the program, however, cannot be increased without approval of the Superintendent and/or Director of Business Services and a corresponding decrease in expenditures elsewhere in the budget. The Superintendent and the Director of Business Services have the authority to transfer any budgeted funds within the Distinct. The total budget for expenditures within any fund, however, cannot be increased without School Board approval. All preliminary purchase orders or requisitions shall be approved by the appropriate administrator and purchase orders entered into the financial system before bids are solicited or before funds are encumbered in any manner. Purchase orders cannot be generated if the purchase order exceeds the unencumbered budget. The budget must be revised before the purchase order can be generated and the expenditure incurred if the purchase would over expend the budget. |
