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Board advances revision to Gifts policy 6114, raising capital asset threshold from $5,000 to $10,000
Summary
At its July 1 meeting the Everett Public Schools board heard a first reading on proposed revisions to policy 6114 (Gifts), which would raise the district capital asset threshold triggering board approval from $5,000 to $10,000; the revision was advanced to a second reading by general consent.
The Everett Public Schools board received a first reading on proposed revisions to policy 6114 (Gifts) at its July 1 meeting that would raise the district’s capital asset threshold for board approval from $5,000 to $10,000 and align the policy with district procedure 6801p and federal capital asset limits.
Mister Fleckenstein presented the proposed revision, saying the change "increases the capital asset threshold from 5,000 to $10,000" and that the revision "aligns to our federal capital asset limits and…
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