DBK - Budget Transfer Authority
Adopted: 8/13/97, 7/13/22
The adopted budget is a financial plan which may be subject to change as a result of circumstances or events occurring during the fiscal year. All appropriation transfers shall be authorized when completed by official resolution of the Board. The authorizing resolution must state: the need for the transfer; its purpose; and the amount of the transfer. Such changes shall be made as provided by law and documented in accordance with administrative regulations.
Transfers from the general fund to any other fund are authorized when completed by official resolution of the Board stating the need, the purpose and the amount.
Appropriations transfers from any special revenue fund to the general fund or any other special revenue fund are prohibited.
END OF POLICY