When the necessity for a fund has ceased to exist, the balance may be transferred to another fund or account by resolution of the board. School district monies received without a designated purpose may be transferred in this manner. School District monies received for a specific purpose or upon vote of the people may only be transferred, by board resolution when the purpose for which the monies were received has been completed. Voter approval is required to transfer monies to the general fund from the capital projects fund and debt service fund.
It shall be the responsibility of the business manager make recommendations to the board regarding transfers and to provide supporting evidence for the transfer.
Approved: 7-1-92
Reviewed: 11-09-99, 11-12-02, 12-12-05, 01-15-09, 06-11-12, 5-14-18
Revised: 9-13-22
