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NOTE:  This policy is legally required. 

 The Board delegates to the [ CEO ] the authority to supervise the general business procedures of the District to assure the proper administration of property and contracts; the budget, audit and accounting of funds; the acquisition of supplies, equipment and property; and the protection of assets and persons.  All transactions shall comply with applicable laws and regulations, and with the California Community Colleges Budget and Accounting Manual. 

 No contract shall constitute an enforceable obligation against the District until it has been approved or ratified by the Board. (See BP 6340 Bids and Contracts). 

 The [ CEO ] shall make appropriate periodic reports to the Board and shall keep the Board fully advised regarding the financial status of the District. 

 Revised 4/15 

Disclaimer:  This document is provided as a benefit to Community College League of California’s Policy & Procedure Service subscribers and cannot be shared outside of their entity.  The information contained within is a sample only and is not designed to address each District’s specific and unique issues, internal rules or practices, or governing documents that might be in place at each entity.  Districts should always consult with local District legal counsel prior to implementation.