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Descriptor Code: FFB
Short Term Notes  
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The Board shall by resolution approve the borrowing of money on a short-term basis in order to meet the necessary obligations of the school system. The money borrowed shall be contingent on the availability of tax money.


Berrien County Schools
Adopted Date:  2/11/2003

Policy Reference Disclaimer: These references are not intended to be part of the policy itself, nor do they indicate the basis or authority for the board to enact this policy. Instead, they are provided as additional resources for those interested in the subject matter of the policy.

Note: The State of Georgia has moved the Georgia Code. This new environment no longer allows us to link directly to the Georgia Code. For example enter 20-02-0211 in the search window and the Georgia Code will appear.
State Reference Description
Ga. Constitution Art. IX, Sec. V, Par. V Limitation on local debt; temporary loans authorized
O.C.G.A 20-02-0390 Power of county boards
O.C.G.A 20-02-0391 Loan resolution
O.C.G.A 20-02-0396 Use of borrowed money
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