1) Arbitrary 2) Available for use as needed 3) Discretional 4) Not earmarked 1) Arbitrary 2) Discretional 3) Optional 4) Unrestricted 
• Left to discretion; unrestrained except by discretion or judgment; as, an ambassador with discretionary powers.
The LEA or School has the choice whether or not to do something.
When the decision is made on what seems fit for the circumstances.
Is an order which given a client gives to the broker. The discretion is in terms of price or time and not in terms of buy or sell, instrument or quantity. 
[adj] - (especially of funds) not earmarked 2. [adj] - having or using the ability to act or decide according to your own discretion or judgment
discretionary 1. Giving someone the freedom to make a decision according to individual circumstances. 2. Given according to the merits of an individual case, rather than being provided or awarded automatically. 3. Able to be used as desired without any stipulations.
discretional adjective having or using the ability to act or decide according to your own discretion or judgment; `The commission has discretionary power to award extra funds`
subject or left to one's own discretion. · for any use or purpose one chooses; not earmarked for a particular purpose: discretionary income; a discretionary fund.
not earmarked; available for use as needed[Intelligent words] not earmarked; available for use as needed