Board Operations - Financial Management
A. The board of education provides guidance to the superintendent in developing the budget and:
1. Conducts pre-budgeting discussions with the superintendent.
2. May establish specific budget parameters where deemed necessary or appropriate.
3. Examines allocations as they relate to the board and district goals annually adopted.
B. The board of education receives the draft budget from the superintendent and after careful study gives tentative budget approval.
C. The board of education publishes the budget and provides opportunity for public review and reaction.
D. Once a budget that incorporates sound business and fiscal practices is approved, the superintendent implements and administers the budget.
E. The board of education, by policy, establishes the level of spending beyond the budget for which the superintendent must seek board approval.
F. The board of education receives monthly financial reports on the status of the budget.
G. The board of education’s financial records are audited annually.

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