3130 Budget Transfer

3000 - Business and Non-Instructional
Fiscal Management Goals
3130 Budget Transfer 

Business

Budget Transfers

The transfer of funds between and within functional unit appropriations of the General Fund Budget is commonly required during the school year.  The Superintendent or designee, subject to the Superintendent’s written approval of the transfer, is authorized to make budget transfers between line item accounts so long as the transfer for any one item does not exceed $10,000.  All transfers in excess of $10,000 require prior Board approval.

NOTE: June 12, 2014 (This incorporates  former policy #3160); Revised 11/21/2019

Ref:    Education Law Section 1718
           8 NYCRR Section 170.2(l)
           Former Policy 3160