5000 - Non-Instructional/Business Operations
5330 BUDGET TRANSFERS
The transfer of funds between and within functional unit appropriations of the General Fund is commonly required during the school year. The Superintendent of Schools or his/her designee, in accordance with the Regulations of the Commissioner of Education, is authorized to make transfers between budget accounts up to a maximum of $10,000. Budget transfers of more than $10,000 shall be made only upon approval by the Board of Education.
All transfers shall be incorporated into the monthly budget appropriations report submitted to the Board.
Education Law Section 1718
8 New York Code of Rules and Regulations (NYCRR) Section 170.2(l)
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