6422 - PURCHASES NOT APPROPRIATED

Conneaut Area City School District

Bylaws & Policies

6422 - PURCHASES NOT APPROPRIATED

The laws of the State and the interest of the community demand fiscal responsibility by the Board of Education in the operation of the School District. Appropriate fiscal controls are hereby adopted to ensure that public monies are not disbursed in amounts in excess of the appropriations provided this District.

To this end, the Board shall require that it approve in advance:

	A.	all expenditures of funds in excess of amounts budgeted for each and every item in the annual budget, and
	B.	all transfers of funds from one fund to another.

When funds are allocated on a building basis, the total amount so allocated may not be exceeded without prior approval as noted above but the amount allocated to each line item for a building may be exceeded if a like amount is deleted from another line item of that building by the authority of the Superintendent.

Any expenditures in excess of appropriation made in conformance with this policy shall be reported to the Board at the next meeting with a recommendation of funds to be transferred to cover said purchase.

R.C. 3313.46