Common use of District Loans Clause in Contracts

District Loans. Schools may not borrow funds from the District without approval from the District Board. XXXXX 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

Samples: Charter School Contract, Charter School Contract, Charter School Renewal Contract

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District Loans. β€Œ Schools may not borrow funds from the District without approval from the District Board. XXXXX 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

Samples: Charter School Contract, Charter School Contract

District Loans. β€Œ Schools may not borrow funds from the District without approval from the District Board. XXXXX 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 Superintendent or designee should be notified to discuss the financial issue, forecast and any necessary revised business plan.

Appears in 1 contract

Samples: Charter School Contract

District Loans. Schools may not borrow funds from the District without approval from the District Board. XXXXX 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 Superintendent or designee should be notified to discuss the financial issue, forecast and any necessary revised business plan.

Appears in 1 contract

Samples: Charter School Contract

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District Loans. Schools The School may not borrow funds from the District without approval from the District Board. XXXXX 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

Samples: Charter School Contract

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