7310 - Budget Implementation Policy

Policy 7310

FINANCIAL MANAGEMENT 

Budget Implementation
The board places responsibility with the superintendent for administering the operating budget, once adopted.  All actions of the superintendent in executing the programs and/or activities as set forth in the adopted operating budget are authorized subject to the following provisions:

A. Expenditure of funds for the employment and assignment of staff meet the legal requirements of the State of Washington and adopted board policies.

B. Funds held in reserve accounts (General Fund #810-890) for self-insurance and other such contingencies may not be expended unless approved for purposes designated by the board.

C. Purchases are made according to the legal requirements of the State of Washington and adopted board policy.

D. Financial reports are submitted to the board each month.

 

 

 

Adoption Date:           July 23, 1996