DCA - LRSD Board Policy

Published by jackbgarvey on Tue, 07/09/2013 - 10:47

LITTLE ROCK SCHOOL DISTRICT - NEPN CODE:  DCA

 

MANAGEMENT OF CAPITAL PROJECTS FUND

The Board of Education will ensure that all transactions from the capital projects fund are in compliance with Arkansas state law while, at the same time, retain maximum flexibility possible from that account.

·         All capital projects fund expenditures will follow the procurement requirements of the Little Rock School District and the laws and regulations of the state of Arkansas.

·         Any unbudgeted capital projects expenditures over $50,000 will be approved by the Board of Education.

·         A capital projects fund budget will be submitted each year with the operating budget.

 

 

Adopted:  May 25, 2000