(1) LIMITATION ON EXPENDITURE AMOUNT.—Expenditures shall be limited to the amount budgeted under the classification of accounts provided for each fund and to the total amount of the budget after the same have been amended as prescribed by law and rules of the State Board of Education. The school board shall endeavor to obtain maximum value for all expenditures.
(2) EXPENDITURES FROM DISTRICT AND OTHER FUNDS.—Expenditures from district and all other funds available for the public school program of any district shall be authorized by law and must be in accordance with procedures prescribed by the district school board. A district school board may establish policies that allow expenditures to exceed the amount budgeted by function and object, provided that the district school board complies with s. 1011.09(4) and approves the expenditure by amending the budget at the next scheduled public meeting. The district school board must provide a full explanation of any amendments at the public meeting.
History.—s. 609, ch. 2002-387; s. 14, ch. 2018-5.
Structure Florida Statutes
Title XLVIII - Early Learning-20 Education Code
Chapter 1011 - Planning and Budgeting
Part I - Preparation, Adoption, and Implementation of Budgets (Ss. 1011.01-1011.57)
Subpart A - District School Boards:Preparation, Adoption, andImplementation of Budgets
1011.02 - District school boards to adopt tentative budget.
1011.03 - Public hearings; budget to be submitted to Department of Education.
1011.035 - School district fiscal transparency.
1011.05 - Implementation of the official budget.
1011.051 - Guidelines for general funds.
1011.08 - Expenditures between July 1 and date budget becomes official.
1011.09 - Expenditure of funds by district school board.
1011.11 - Certain provisions to be directory.
1011.12 - Purposes of and procedures in incurring school indebtedness.
1011.13 - Current loans authorized under certain conditions.
1011.14 - Obligations for a period of 1 year.
1011.15 - Obligations to eliminate major emergency conditions.
1011.16 - Provisions for retirement of existing indebtedness which is unfunded or in default.
1011.17 - School funds to be paid to Chief Financial Officer or into depository.
1011.18 - School depositories; payments into and withdrawals from depositories.
1011.19 - Sources of district school fund.
1011.20 - Apportionment and use of district school fund.
1011.21 - Source and use of district interest and sinking fund.
1011.22 - Interest and sinking funds may be invested in certain bonds, warrants, and notes.
1011.23 - Disposition of balance in interest and sinking fund.