Common use of District Loans Clause in Contracts

District Loans. Schools may not borrow funds from the District without approval from the District Board. ▇▇▇▇▇ reserves must be maintained throughout the fiscal year. If the School has an unplanned emergency that could result in borrowing, the District Chief Financial Officer should be notified to discuss the financial issue, forecast and revised business plan.

Appears in 4 contracts

Sources: Charter School Contract, Charter School Renewal Contract, Charter School Contract

District Loans. Schools may not borrow funds from the District without approval from the District Board. ▇▇▇▇▇ reserves must be maintained throughout the fiscal year. If the School has an unplanned emergency that could result in borrowing, the District Chief Financial Officer should be notified to discuss the financial issue, forecast and revised business plan.

Appears in 2 contracts

Sources: Charter School Contract, Charter School Contract

District Loans. Schools The School may not borrow funds from the District without approval from the District Board. ▇▇▇▇▇ reserves must be maintained throughout the fiscal year. If the School has an unplanned emergency that could result in borrowing, the District Chief Financial Officer should be notified to discuss the financial issue, forecast and revised business plan.

Appears in 1 contract

Sources: Charter School Contract