DA - FISCAL MANAGEMENT
NEPN/NSBA Code: DA
FISCAL MANAGEMENT
The School Committee recognizes that money and money management comprise the foundational support of the whole school program. To make that support as effective as possible the School Committee intends:
A. To encourage advance planning through the best possible budget procedures;
B. To explore all practical and legal sources of revenues;
C. To guide the expenditure of funds so as to achieve the greatest educational returns;
D. To require maximum efficiency in accounting and reporting procedures; and
E. To maintain a level of per student expenditure needed to provide high quality education.
As trustee of local, state and federal funds allocated for use in education, the School Committee has the responsibility to protect the funds and to use them wisely.
Legal Reference: 20-A MRSA § 2307
Adopted: June 7, 2000
Reviewed: October 17, 2011
Reviewed: January 5, 2015
Reviewed: November 5, 2020