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Purpose 
The laws of the State and the interests of the community require fiscal responsibility by the Board in the operation of the school district.  Appropriate fiscal controls are hereby adopted to insure that public funds are not disbursed in amounts in excess of the appropriations provided this district. 

Authority 
When funds are not available for a proposed appropriation, a legal transfer from one class of expenditure to another may be made in the last nine months of the fiscal year by the Board if it is apparent that the necessary surplus funds do exist in another appropriation and if the procedures specified in the School Code are followed and it can be demonstrated the proposed expenditure would be educationally warranted in the current fiscal year. 

Guidelines 
Under normal conditions, planned purchases will not exceed the amount appropriated unless a sufficient amount is available in some other category of the budget for transfer by the Board to cover the purchase. 

In the event of an emergency (which exists whenever the time required for the Board to act in accordance with regular procedures would endanger life or property or threaten the continuance of existing school classes), a purchase order up to the amount of $10,000 may be authorized by the Business Manager or Superintendent. 

When budgeted funds are allocated on a building basis the total amount so budgeted may not be exceeded without prior approval as noted above.