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The audit is complete but there are unspent bond proceeds. Can the remaining funds be spent on the project?

April 26, 2017audit Bond COMPLETE funds proceeds project remaining spent Unspent

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The audit is complete but there are unspent bond proceeds. Can the remaining funds be spent on the project?

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No further purchases from the construction account are allowed once the final audit is conducted. Refer to Section 11 (7) of the Rules for Major Capital School Construction Projects regarding disposition of unexpended bond proceeds.