53G-4-405. Approval of purchases or indebtedness — Local school board approval of identified purchases.
| (1) |
An officer or employee of a school district may not make a purchase or incur indebtedness on behalf of the district without the approval and order of the local school board. |
Terms Used In Utah Code 53G-4-405
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
| (2) |
The local school board shall adopt one of the following approval methods, or a combination of the two:
| (a) |
The local school board shall approve an appropriation for identified purchases in the district budget. Each purchase made under an identified purchase does not require additional local school board approval. |
| (b) |
The local school board shall approve individual purchases when made throughout the fiscal year. |
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Amended by Chapter 293, 2019 General Session
