Code Number: 800.1
The Board recognizes that District funds are public funds, and as such, should be used to further a public purpose and the overall educational mission of the school community. The District is committed to managing and spending public funds in a transparent and responsible manner. Prior to making a purchase with public funds, an individual should be able to defend the purchase/reimbursement to the taxpayers in the District.
Individuals who have concerns about the public purpose of purchase or reimbursement should utilize the District’s Internal Controls policy and regulation as a resource for questioning a purchase. Concerns should be reported to the Superintendent and/or the Board President.
The Superintendent shall develop a process for approving expenditures of public funds. The Board will review expenditures and applicable reports as necessary to ensure proper oversight of the use of public funds. To the extent possible, expenditures shall be pre-approved by the District prior to expending the funds. All purchases/reimbursements shall comply with applicable laws, Board policies, and District accounting requirements.
Additional guidance regarding appropriate expenditures of school funds is provided in the regulation accompanying this policy.
- First Adoption:
- 2020-08-24
- Reviewed Dates:
- July 21, 2020
- Legal Reference:
-
Iowa Constitution Art. III, § 31
Iowa Code §§ 68A.505; 279.8; 721.2
281 I.A.C. 98.70