Policy 3110 - Transfer of Funds
Series: 3000 - Business and Non-Instructional Operations
Policy: 3110 - Transfer of Funds
Adopted: 05/20/1997
Last Revised: 05/19/2015
Last Reviewed: 04/02/2024
Transfer of Funds
The Board of Education recognizes its responsibility to monitor the district’s fiscal practices to ensure accountability regarding the expenditure of public funds and compliance with legal requirements.
Transfer of Funds
The Board may transfer funds during or at the end of the fiscal year in accordance with law as necessary to meet district needs or to permit the payment of district obligations.
Legal References
Policy Reference Disclaimer:
These references are not intended to be part of the policy itself, nor do they indicate the basis or authority for the Board to enact this policy. Instead, they are provided as additional resources for those interested in the subject matter of the policy.
STATE
EDUCATION CODES
16095 Transfer of district funds to district state school building fund
41301 Section A state school fund allocation schedule
42125 Designated and unappropriated fund balances
42238-42251 Apportionments to districts
42238.01-42238.07 Local control funding formula
42600 District budget limitation on expenditure
42601 Transfers between funds to permit payment of obligations at close of year
42603 Transfer of monies held in any fund or account to another fund; repayment
42840-42843 Special reserve fund
5200-5208 Districts governed by boards of education
52616.4 Expenditures from adult education fund
78 Definition; governing board
MANAGEMENT RESOURCES
CALIFORNIA DEPARTMENT OF EDUCATION PUBLICATION
California School Accounting Manual
WEBSITES
CSBA District and County Office of Education Legal Services https://legalservices.csba.org/#
California Department of Education http://www.cde.ca.gov/
CSBA http://www.csba.org/#
Fiscal Crisis and Management Assistance Team http://www.fcmat.org/