Budget Guidelines. The Fiscal Year shall be July 1st to June 30th of the following year. Budgets shall be established prior for the upcoming year. • Receipts for all spending/payments shall be required; • All spending shall be limited to funds available; • The Board shall establish short and long-range plans for spending based upon the needs of the organization, in conjunction with the coach/advisor; • No more than $20,000, but not to exceed a cap established by MBUSD, shall be spent on coaches per year; • SCO methods of fundraising are required to be approved by MBX .
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Budget Guidelines. The Fiscal Year shall be July 1st to June 30th of the following year. Budgets shall be established prior for the upcoming year. • Receipts for all spending/payments shall be required; • All spending shall be limited to funds available; • The Board shall establish short and long-range plans for spending based upon the needs of the organization, in conjunction with the coach/advisor; • No The Board shall not carry over more than $20,000, but not to exceed a cap established by MBUSD, shall be spent on coaches per yeartwenty percent of their operating expenses as reserves; • SCO methods of fundraising are required to be approved by MBX .
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