Policy 2.J (Addendum) - GOVERNANCE INVESTMENT

Date Adopted January 27, 2009

Revised March 22, 2011, March 13, 2012, February 26, 2013, March 11, 2014 None, April 28, 2015 None, March 8, 2016 None, March 14, 2017 None, March 13, 2018 None, March 12, 2019 None, - March 10, 2020 None, March 9, 2021 None, March 9, 2022 None, March 8, 2023, None, March 12, 2025 

Policy 2. J- GOVERNANCE INVESTMENT

Cost will be prudently incurred but sufficient to ensure the development and maintenance of effective and efficient governance*

1. Training and opportunities for Board education will be offered to orient new members to the Board’s governance model and for continuing education for all members.
   a. Up to $20,000 for Board training including publications
   b. Up to $12,000 for Board member attendance at conferences and workshops. Conference-related expenditures include lodging, meals, registration, and transportation.
   i. Supporting documentation will be submitted for reimbursement.
   ii. Spouse and guest costs (including lodging and meals) will not be reimbursed by the district unless the spouse or guest is required to be in attendance as a matter of protocol.
   c. Up to $1,000 for Board meeting and retreat costs
2. Outside monitoring and audits of organizational performance- up to $5,000
3. Outreach mechanisms will be used as needed to ensure the Board’s ability to listen to owner view points and values.
   a. Up to $3,000 for surveys, focus groups, opinion analysis, and linkage outreach efforts
   b. Up to $2,000 for Board committee functions
4. All non-routine and/or non-budgeted expenditures must be pre-approved by the President and Vice President of the Board.

* The costs are totals for the entire board and not per individual.