EXPENDITURES/EXPENDING AUTHORITY

The Superintendent or designee may purchase supplies, materials and equipment in accordance with law.  Prior Board approval is required for purchases over $25,000.  The Board shall approve or ratify all transactions.

(cf. 3310 - Purchasing Procedures)
(cf. 3311 - Bids)
(cf. 3312 - Contracts)
(cf. 3460 - Financial Reports and Accountability)

 The Superintendent or designee shall not authorize any proposed expenditure which exceeds the major budget classification allowance against which the expenditure is the proper charge unless an amount sufficient to cover the purchase is available in the budget for transfer.

(cf. 3100 - Budget)
(cf. 3110 - Transfer of Funds) 

The Board shall recognize only obligations incurred in support of Board policy and administrative regulations and the strategic plan.

Legal Reference:

ALASKA STATUTES
14.08.101  Powers (Regional School Boards)
14.08.111  Duties (Regional School Boards)
14.14.060  Relationship between borough school district and borough
14.14.065  Relationship between city school district and city
14.17.190  Restrictions governing receipt and expenditure of money from public school foundation account
36.30.  State Procurement Code
37.05  Fiscal Procedures Act

KETCHIKAN GATEWAY BOROUGH SCHOOL DISTRICT
Adoption Date:  10/13/99
Revision Date: 7/8/2009