Okla. Stat. tit. 70, § 70-5-170
This is the official text of Okla. Stat. tit. 70, § 70-5-170, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Transfer of unexpended or unencumbered appropriations
Official statutory text
For the fiscal year ending June 30, 2004, the superintendent of
a school district or designee may transfer any unexpended or
unencumbered appropriation in an amount not to exceed twenty-five
percent (25%) of the total appropriation from one account, fund, or
program category to another account, fund, or program category. The
amount to be transferred, together with all previous transfers,
Oklahoma Statutes - Title 70. Schools Page 329
shall not exceed twenty-five percent (25%) of the total
appropriation to the account, fund or program category from which
the transfer is being made. Provided, funds shall not be
transferred between the general fund and building fund of any school
district. The State Department of Education shall be notified in
writing or electronically of all transfers at the time the transfers
are made.
a school district or designee may transfer any unexpended or
unencumbered appropriation in an amount not to exceed twenty-five
percent (25%) of the total appropriation from one account, fund, or
program category to another account, fund, or program category. The
amount to be transferred, together with all previous transfers,
Oklahoma Statutes - Title 70. Schools Page 329
shall not exceed twenty-five percent (25%) of the total
appropriation to the account, fund or program category from which
the transfer is being made. Provided, funds shall not be
transferred between the general fund and building fund of any school
district. The State Department of Education shall be notified in
writing or electronically of all transfers at the time the transfers
are made.
Status: in_force · Read it on the official government site
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