MSD Policies

Fiscal

105 Budget Transfers

[DBJ: Budget Transfers]

It is the intent of the Board to limit spending to the amount specified in each line item. However, transfers of funds between line items will be permitted if deemed appropriate by the Board of School Committee. The Board shall have exclusive authority to transfer funds among line items in the School Budget, except that excess funds may not be transferred from the Unemployment Compensation line item.

 

Legal References

City of Manchester School District and School Administrative Unit # 37 v. The City of Manchester, Docket no. 98-E-0458, Rockingham County Superior Court (Decision dated May 24, 1999), 16.

City Charter Section 6.04 (c).
RSA 32:10

RSA 282-A:71, III

 

Policy History:

Revised From: 04/10/2000

First Reading: Policy Committee: 11/21/22

Second Reading and BOSC Adoption: 11/28/22