6030 - Financial Reports
BOARD POLICY No. 6030
Monthly Report
The business office shall prepare a monthly budget status report of the following funds:
A. General fund,
B. Capital projects fund,
C. Debt service fund,
D. Associated student body fund, and
F. Transportation vehicle fund.
A "statement of financial condition" shall be submitted to the board each month. The superintendent shall reconcile ending net cash and investments, revenues and expenditures reported by the county treasurer with the district records for all funds. As part of the budget status report, the superintendent shall provide each director with a brief written explanation of any significant deviation in revenue and/or expenditure projections that may affect the financial status of the district.
Annual Financial and Statistical Report
The superintendent shall provide the board an annual financial report each fiscal year. The report shall include at least a summary of financial operations for the year.
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Legal References: |
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RCW |
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28A.150.230 |
Basic Education Act of 1977--District school directors as accountable for proper operation of district--Scope--Responsibilities |
| 28A.400.030(3) | Superintendent's duties |
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WAC |
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392-123-110 |
Monthly financial statements and reports prepared by school district administrator |
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392-123-115 |
Monthly budget status report for general fund operations |
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392-123-120 |
Statement of financial condition--Financial position of the school district |
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392-123-125 |
Personnel budget status report |
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392-123-132 |
Reconciliation of monthly county treasurers' statement to district records |
First Reading: February 19, 2002
Adopted by the Board: July 16, 2002