Special Information when Individual Schools Pay for Fixed Asset Items
Section: IV – Purchasing
Local School Funds
The following purchasing procedures apply to the use of local school funds.
1. The purchase of any fixed asset item with local school funds, regardless of cost, must be handled by the Purchasing Department, even though the funds to pay for the item may come from school sources.
2. Construction and repair work is to be handled by the Director of Maintenance.
3. Purchases totaling $2,500 or more are required to have proper bid documentation attached to the purchase order.
4. See Purchasing Sections in the Local School Fund Accounting Procedures Manual for additional information and related procedures.