Policy

3110 — Transfer Of Funds (AR)

The official document

What the district published

This is the source material — exactly as released by RUSD. The plain English translation below is this site's version, written for community members who shouldn't need a budget degree to understand where their school dollars go.

📄Original Policy3110 — Transfer Of Funds (AR)
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The translation

In plain English

What this document actually says

This administrative regulation, last reviewed September 16, 2019, governs how Reed Union School District can move money between different budget categories and funds. The Board of Trustees must pass a resolution by majority vote to transfer funds, which requires County Superintendent approval. The policy allows year-end transfers to pay school obligations, temporary borrowing between accounts, and creation of special reserve funds for specific purposes like capital projects. Special rules apply for deferred maintenance funds (building repairs) and state building funds. These transfers help the district manage cash flow and ensure bills get paid on time. The regulation includes safeguards: deferred maintenance transfers require two-thirds Board vote, and temporary transfers must be repaid and can't be counted as income to the borrowing account.

What this means for your family

This regulation affects budget flexibility but doesn't directly impact day-to-day classroom experiences. It allows the district to move money between accounts to pay bills and manage operations efficiently. Parents may notice if reserve funds are used for building maintenance or capital improvements to school facilities. The policy ensures the district can meet its financial obligations while maintaining proper oversight and county approval for fund transfers.

Summaries are AI-assisted and based on the original district document shown above. Nothing has been editorialized — interpretations are clearly labeled. This site is maintained by Lina Godfrey's campaign as a community resource.