Board of Trustees Approval Threshold Changes
At the June 06 – 07, 2019 Board of Trustees Meeting, several expenditure thresholds requiring Board of Trustees approval were revised. See summary of revisions below: Purchase or lease of equipment threshold increased from $500,000 to $750,000. Technology acquisitions threshold, not included in the annual technology plans, increased from $500,000 to $750,000. The revised rule…