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Madison Metropolitan School District
Board of Education Policies and Procedures

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POLICYBUDGET 6061
Operation

Budget Transfer

A transfer of funds requires BOARD approval if the transfer is reallocating dollars:

  1. between the following Funds (Fund 10, 11, 23, 27, 30, 38, 50, 80).
  2. between MMSD Departments as reflected in the MMSD's budget.
  3. between the following major functions: 
    111000    Undifferentiated curriculum
120000    Regular curriculum
130000    Vocational curriculum
140000    Physical curriculum
150000    Special education curriculum
160000    Co-curricular activities
210000    Pupil services
220000    Instructional staff services
230000    General operations
240000    School building operations
250000    Business administration
260000    Central services
270000    Insurance
280000    Debt service
290000    Other support services
410000    Operating transfer
430000    Intergovernmental tuition
490000    Non-program transactions
  4. from the contingency fund

All other transfer of funds shall be approved by the Superintendent or his/her designee.

6/2/03

PROCEDUREBUDGET 6061
Operation

A transfer of funds that needs to be approved by the BOARD requires that at least five BOARD members vote in support of the transfer.

s. 65.90(4)
6/2/03

 

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