The School Business Official is responsible for obtaining the maximum income from available sources. In an attempt to provide the best education possible to students within the limits of the resources available, the Board of Education may:
- request adequate local funds for the operation of the school district. The amount of the local financial support requested, when added to state and federal aid and revenue from all other sources, shall yield sufficient revenue to meet the total expenses of the district;
- accept all available state funds to which the district is entitled by law or through state regulations;
- accept all federal funds that are available providing there is a specific need for them and matching funds that are required are available; and/or
- upon resolution of the Board, borrow short-term funds by issuing either revenue or tax anticipation notes.
Adoption date: May 27, 1997
Reviewed: August 28, 2017
Revised: October 15, 2019