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Board reviews uniform grant guidance changes: procurement thresholds, cybersecurity language and higher equipment capitalization limit
Summary
Finance staff presented proposed policy revisions aligning district rules with federal uniform grant guidance and Minnesota statute, including a change raising the equipment capitalization threshold from $5,000 to $10,000 and aligning sealed‑bid thresholds with state law at $175,000.
The School Board received proposed revisions on May 21 to district policies that align federal uniform grant guidance with Minnesota statute and district practice, including procurement thresholds, cybersecurity assurances and a higher equipment capitalization threshold for fixed assets.
Amy Scalarud, executive director of finance and business services, presented three policy items. She said the proposed uniform grant guidance policy updates include a procurement threshold alignment and an increase in the federal equipment definition used for capitalization from $5,000 to $10,000. She explained the changes are driven by updated federal guidance and by state statute differences:…
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