HAMILTON-WENHAM REGIONAL SCHOOL DISTRICT
BUDGET TRANSFER AUTHORITY
In keeping with the need for periodic reconciliation of the school district's budget, the School Committee authorizes the Superintendent to transfer funds within pre-defined expense categories as recommended by the Mass Dept. of Elementary and Secondary Education.
The Committee should be informed of the need for significant adjustments within expense categories. All transfers between expense categories shall be approved in advance by the School Committee, in accordance with 603 CMR 41.05: (5) (f).
LEGAL REFS: M.G.L. 71:16B
Adopted: January 31, 2013