The Peoria Public School board has a final draft of its updated spending policy on Monday’s consent agenda.
The changes aim to closely monitor district spending and require a system of approval before making purchases. Cloyd says the proposed rules are a response to a recent purchase of Microsoft Office software that cost the district nearly a quarter of a million dollars. That purchase didn’t require board approval. If approved, Cloyd hopes to have the policy take effect October 1.
Depending on the size of the expenditure, the update would require signatures of approval from officials in the district hierarchy. Expenditures higher than $25,000 would require board approval -- with the exception of travel. Employee travel costing more than $1,000 would require the board’s consent. The changes come after an out-of-state employee training conference cost the district $300,000,000.