DBJ - Budget Transfer Authority
File: DBJ
Budget Transfer Authority
In keeping with the need for periodic reconciliation of the school department's budget, the Franklin School Committee will consider requests for transfers of funds as they are recommended by the Superintendent.
The Committee will be kept abreast of the need for these ad-justments so that it may act promptly and expedite financial record keeping for the school system.
All funds in the general account not expended by the close of the fiscal year shall be appropriated in accordance with M.G.L. chapter 70, section 11.
LEGAL REFS.: M.G.L. 70:11
M.G.L. 70:8
Reviewed; no revisions 6/9/09