|Although it is the ultimate responsibility of the Joint Powers Board, WMEP's financial operations are directed and managed on a daily basis by the Executive Director. All related activities, such as payroll, receivables, payable, etc., are carried out under her supervision by Dieci School Finance, LLC, a local company specializing is small school district financial services. Dieci provides these services to WMEP under contract that was awarded based on a competitive bid process.
All of the West Metro Education program's activities are funded through Integration Revenue from its member districts.
This section contains the most recent Joint Powers Board approved and current Operating Budget for WMEP. This budget specifies, for the current school year, the amount and sources of revenue for WMEP and it also specifies the amount and types of expenditures that WMEP plans to incur. Joint Powers Board approved adjustments are made to the budget several times per year, if so warranted, based on unforeseen changes in revenue or other significant budget elements.
Also included in this section is the most recent Joint Powers Board approved fiscal audit. In accordance with Minnesota statutes, WMEP and all school districts must have completed on an annual basis, an audit of its fiscal operations. Audit periods are from July 1st in a given year to June 30th of the following year.