
School Board of the City of Virginia Beach
Policy 3-34
BUSINESS AND NONINSTRUCTIONAL OPERATIONS
Direct Appropriation Funds – Individual Schools
Funds allocated to schools either by direct appropriation or draw account for administrative, staff development, equipment, instruction, special education instruction, library, computer supplies, and field trips will be allocated to the school for internal budgeting based on school priorities and school enrollment.
Following the initial allocation, all allocations are subject to budget transfer regulations and Policy 3-10. Regulation 3-10.1 requires: 1) approval of all budget transfers of up to $75,000 by the Superintendent or his/her designee; 2) School Board approval is required, in advance, for all other allocations greater than $75,000; and 3) monthly reporting to the School Board of all transfers.
At the school level, for purposes of approving transfers involving direct appropriations below $10,000, the individual principal shall be the Superintendent's designee. Transfers, however, remain subject to the use restrictions of the individual accounts as defined in the Operating Budget and School Board Policy 3-10.
Direct Appropriation Funds are School Board funds and as such are not to be commingled with school activity funds/internal accounts.
Legal Reference:
Code of Va., § 22.1-122.1, as amended, Accounts to purchase certain materials and supplies
Adopted by School Board: February 16, 1993
Amended by School Board: November 21, 1995
Amended by School Board: October 19, 1999
Amended by School Board: September 3, 2002
Amended by School Board: June 20, 2006
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Last Modified on Wednesday, July 05, 2006 Disclaimer • Site Map |
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