| Obion County Board of Education |
Agenda Item: VII.T. |
Consider/Approve Hillcrest Elementary School's Request to Carry-Over Outstanding Purchase Order/Accounts Payable as of June 30, 2011 |
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Background Information : In accordance with the Tennessee Internal School Uniform Accounting Policy Manual, “the local board must approve accounts payable that will not be liquidated during the current fiscal year.” Hillcrest Elementary School has submitted a listing of outstanding purchase orders that will most likely not be liquidated prior to June 30, 2011, and requests Board approval for this outstanding encumbrance. The goods and services, which total $6,000, were encumbered in May, 2011. Staff Recommendation: I recommend approval of the request submitted by Hillcrest Elementary School totaling $6,000. |
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