6145 - BORROWING - SHORT/LONG TERM

Upon the approval of the Board, the Superintendent, and the Chief Financial Officer (CFO) shall prepare the data and applications regarding the borrowing of revenue anticipation notes, tax anticipation notes, and other such debt instruments. Once prepared, a recommendation shall be made to the Board for approval.

Funds shall be borrowed from the responsible public/private organization which offers the most favorable terms.

Revised 10/28/14
Revised 3/12/24

© Neola 2002