Policy DBK - Line Item Transfer Authority


In keeping with the need for periodic reconciliation of the district's budget, the board will authorize as it sees fit the transfer of budget line items upon the request of the superintendent and recommendation of the board Treasurer.

Under state law, proceeds of bonds authorized and issued, but not used or entirely used for the purposes issued, may be transferred only to the debt service account of the district.

In managing budgets set up for individual schools, modification of the school's budget by the principal or director must have the authorization of the superintendent and the approval of the board.

LEGAL REF: Wisc. Statutes 65.90(5)(a)

Initial Adoption: 10/03/83
Final Adoption: 11/07/83
Amended: 12/08/97

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