Budget Transfer
3000 - Business and Non-Instructional
Fiscal Management Goals
3130 Budget Transfer
The transfer of funds between and within functional unit appropriations of the General Fund Budget is commonly required during the school year. The Superintendent is authorized to make budget transfer between line item accounts so long as the transfer for any one item does not exceed $5,000. All transfers in excess of $5,000 require prior Board approval. The Superintendent will report any transfers to the Board as an information item at its next meeting.
NOTE: June 12, 2014 (This incorporates former policy #3160)
Policy References:Education Law Section 1718
8 NYCRR Section 170.2(l)
Former Policy 3160
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