Winston-Dillard School District 116

Adopted: 11/23/87

Grants from Private Sources and/or Trusts

Grant proposals for external funds from private sources shall be submitted to the board for evaluation and approval.

In the event an opportunity arises to submit a grant proposal and there is insufficient time to place it before the board, the superintendent is authorized to use his or her judgment in approving it for submission. The superintendent shall review the grant proposal with the board at its next regular board meeting. The board reserves the right to reject funds associated with any grant which has been approved.

The board may accept money or property donated for the use or benefit of the district and use such money or property for the purpose for which it was donated, for a period of three (3) years, after which time the district may exercise the option of declaring the most appropriate use of such property. Such acceptance and use must be consistent with the laws of this state.

Procedures for expenditures of trust fund moneys shall be the same as the procedures for regular district budget purchasing. If the board receives trust fund moneys, an appropriation resolution shall be enacted prior to fund expenditure.

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