3140 - Line Item Transfer Authority

Adopted
5/21/79

Revised
8/15/83
6/18/85
8/11/09

Provided the adopted total expenditure budget of the District is not exceeded, the Board authorizes the transfer of budget capacity between individual line items, upon the directive of the superintendent or designee, up to a maximum of fifteen (15) percent of any given General Fund program or Capital Projects Fund project. Increases in any one program of the General Fund Budget or in any one project appropriation in the Capital Projects Fund Budget in excess of fifteen (15) percent of the amount in the adopted budget will require prior approval of the Board of Directors.

Legal Reference:
RCW 28A.505.150


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