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Policies » Section D: Fiscal Management » DBI: Budget Implementation

Policy Date: 12/06/2005

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HSD File: DBI
HOOKSETT SCHOOL DISTRICT
BUDGET IMPLEMENTATION

It is the intent of the Hooksett School Board to limit spending to the amount specified in each
line item for the budget.
Occasionally it may be necessary to overspend a particular line item. The Superintendent or
designee shall inform the school board in instances where an expenditure results in a $10,000.00
overrun, at which time the board will have the opportunity to authorize the school district to
proceed with the expenditure, if a transfer is required from one function code series to another.
Adopted: December 21, 1999
Adopted: December 6, 2005
Statutory References: RSA 32:3, Definitions; RSA 32:5, Budget Preparation; RSA 32:10, Transfer of Appropriations