Lewisburg Area School District Policies	Printable version
612 Pruchases Not Budgeted 612. PURCHASES NOT BUDGETED The laws of the State and the interests of the community require fiscal responsibility by the Board in the operation of the school district. Appropriate fiscal controls are hereby adopted to insure that public funds are not disbursed in amounts in excess of the appropriations provided this district. When funds are not available for a proposed appropriation, a legal transfer from one class of expenditure to another may be made in the last nine months of the fiscal year by the Board if it is apparent that the necessary surplus funds do exist in another appropriation and if the procedures specified in the School Code are followed, and it can be demonstrated that the proposed expenditure would be educationally warranted in the current fiscal year. In the event of emergency (which exists whenever the time required for the Board to act in accordance with regular procedures would endanger life or property or threaten the continuance of existing school classes), a purchase order may be authorized by the Superintendent. Any expenditures in excess of appropriation made in conformance with this policy shall be reported to the Board at its next regular public meeting along with a recommendation that funds be transferred to cover said purchase.