Palos Verdes Peninsula

Board Policy

BP 3300

Business and Noninstructional Operations

Expenditures/Expending Authority

The Board of Education shall establish and maintain an 8% reserve. The district's annual expenditures shall not exceed its annual income, except to the extent of reducing excess reserves.

(cf. 3100 - Budget)

The Superintendent or designee may purchase supplies, materials and equipment in accordance with Board policy and administrative regulations. Such purchases shall not exceed the limits imposed by law. All such transactions shall be reviewed by the Board every 30 days. (Education Code 17605)

(cf. 3310 - Purchasing Procedures)

(cf. 3311 - Bids)

(cf. 3312 - Contracts)

The Superintendent or designee shall not authorize any proposed expenditure which exceeds the major budget classification allowance against which the expenditure is the proper charge unless he/she obtains Board approval. Such approval may be granted if an amount sufficient to cover the purchase is available in the budget for transfer by the Board.

(cf. 3110 - Transfer of Funds)

The Board shall not recognize obligations incurred contrary to Board policy and administrative regulations.

No district funds shall be expended for the purchase of alcoholic beverages. (Education Code 32435)

Legal Reference:

EDUCATION CODE

17604 Delegation of powers to agents; liability of agents

17605 Delegation of authority to purchase supplies and equipment

32435 Prohibited use of public funds

35010 Control of district; prescription and enforcement of rules

35035 Powers and duties of superintendent

35272 Educational and athletic materials

38083 Purchase of perishable foodstuffs and seasonal commodities

41010 Accounting system

41014 Requirement of budgetary accounting

PUBLIC CONTRACT CODE

20111 Contracts over $50,000; contracts for construction; award to lowest responsible bidder

Policy PALOS VERDES PENINSULA UNIFIED SCHOOL DISTRICT

adopted: July 7, 1993 Palos Verdes Estates, California

revised: March 22, 2001