203 - Board of Directors' Conflict of Interest

Board members must be able to make decisions objectively.  It shall be a conflict of interest for a board member to receive direct compensation from the school district for anything other than reimbursement of actual and necessary expenses, including travel, incurred in the performance of official duties.

A Board member shall not have an interest, direct or indirect, in a contract for the purchase of goods, including materials and profits, and the performance of services for the school district unless the contract for the purchase of goods or services does not exceed two thousand five hundred dollars ($2500) in a fiscal year or the contract is made upon competitive bids in writing, publicly invited and opened.

The payment of compensation to any other family member shall be within the discretion of the board.

It shall be the responsibility of each Board member to be aware of potential conflict of this nature and to take the action necessary to eliminate such a conflict of interest should it arise.

 

 

Legal Reference:  James v City of Hamburg, 174 Iowa 301, 156 N.W. 394 (1916)
                                       Bag v Davidson, 133 Iowa 688, 111 N.W. 25 (1907)
                                       Iowa Code §§71.1, 277.27, 279.7A, 301.28 (1991)
                                       1986 Op. Att’y Gen. No. 85-2-6
                                       1984 Op. Att’y Gen. 23
                                       1982 Op. Att’y Gen 302
                                       1976 Op. Att’y Gen 89
                                       1974 Op. Att’y Gen 137
                                       1936 Op. Att’y Gen 237

Cross Reference:  204        Board of Directors Code of Ethics

Approved:  2-10-92              
Reviewed:  7-10-23              
Revised:  8-14-00