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DB1 – Operational Fund Cash Balances

Albuquerque Public Schools shall maintain an operational fund cash balance level within the parameters of applicable state law of its final budgeted operating expenditures. Finances of the district shall be managed to maintain these parameters.

Administrative Position: Chief Financial Officer

Department Director: Executive Director of Accounting/Executive Director of Budget Planning and Analysis

References

Legal Cross Ref.:

  • §22-8-5 NMSA 1978
  • §22-8-41 NMSA 1978
  • 6.20.2 NMAC

Board Policy Cross Ref.:

Procedural Directive Cross Ref.:

NSBA/NEPN Classification: DB

Approved: April 21, 2010
Reviewed: June 12, 2012
Adopted: June 20, 2012

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