FROM: Amy McInerny, Chief Financial Officer
SUBJECT: Administration Policy No. 013 (Expenditure Budget Approval)
RECOMMENDATION:
title
Recommend that the Board approve and adopt updates to Administration Policy No. 013 (Expenditure Budget Approval).
body
BACKGROUND:
General Policy No. 005 involves the periodic review of Board Policies and indicates that the Administrative Committee shall review administration policies every three years.
Pursuant to General Policy No. 005, staff has conducted a review of Administration Policy No. 013 (Expenditure Budget Approval) and has found it both consistent with current practice and appropriate for SBCERA's program. Staff is therefore recommending renewal of Administration Policy No. 013 without change.
BUDGET IMPACT:
None.
STRATEGIC PLANNING GOAL/OBJECTIVE:
Operational Excellence & Efficiency
STAFF CONTACT:
Amy McInerny
ATTACHMENTS:
Exhibit A: Administration Policy No. 013 (Expenditure Budget Approval)