Business and Non-Instructional Operations

Capital Outlay

A long-range and short-range plan for capital outlay shall be developed by the Superintendent and reviewed and approved by the Board of Education.  The Board shall submit its capital plans to the Board of Finance at the time of submission of the annual budget. This is in order to prevent severe fluctuations in the annual capital outlay fund, and to provide an orderly process for acquisition of needed equipment and facilities within budgetary constraints.

Policy adopted:  6/12/06