FILE:  DCF

Cf:  DFJ, DFL

 

CAPITAL OUTLAY FUNDS

 

 

The Pointe Coupee Parish School Board authorizes a special reserved account be established that shall be reserved for Capital Outlay purposes within Pointe Coupee Parish.  One-time revenue generated from the collection of mineral rights, the sale of timber, the sale of land or other School Board property, etc. shall be deposited into this account.

 

All expenditure of funds within this special reserved account, excluding employee benefits, shall be used for one-time expenditures.  Such funds shall not be placed in the Pointe Coupee Parish School Board’s general fund account for the purpose of re-occurring expenses.

 

New policy:  May 25, 2017

 

 

Ref:    La. Rev. Stat. Ann. §17:81

Board minutes, 9-22-05, 5-25-17

 

Pointe Coupee Parish School Board