3.1 Board Comptrolling Policy
Type of Policy: Financial Administration
Last Updated: May 2026
Type of Policy: Financial Administration
Last Updated: May 2026
To set the spending limits and guidelines of TBPL.
This policy applies to TBPL employees.
The annual operating and capital budgets, as approved by the Board, are the authorized fiscal plan for the year.
The CEO and/or designate is authorized to commit and pay out of the annual operating and capital budgets approved by the Board.
Expenditures outside of the standard operating and capital budget over $40,000.00 and funding for special projects are subject to Board approval.