Code 300

The fiscal agent for SEDC will be Iron County School District. Business procedures relating to the financial budgeting, accounting, receipts and disbursements will be carried out using Iron County School District’s business policies in adherence with state and federal regulations.

WHEREAS, Utah Code 53A-3-429, enacted in 2011, expressly authorizes school districts/local boards of eduction to form regional service centers as interlocal entities

under the Interlocal Coorperation Act, and further expressly authorizes school districts/local boards of education to enter into interlocal agressments under Interlocal Coorperation Act to formalize and confirm region service centers in operation prior to July 1, 2011 and

WHEREAS, since its establishment the Southwest Utah Educational Service Center has functioned to provide a variety of services to it’s member school districts, and continues to function;

It is an appropriate expectation for said Service Center to function under its fiscal agent, Iron County School District’s business procedures.

With the Utah State Office of Education’s adoption of R277-113, which requires all school districts to establish policies and procedures related to accounting and other operations SEDC’s Fiscal Agent, Iron County School District, has met the purpose of the rule to; (1) formally adopt and implement policies regarding the management and use of public funds; (2) provide minimum standards, procedures and definitions for LEA policies; (3) direct that LEA’s make policies, procedures and training marterials available to the public and readily accessible on LEA or public school websites, to the extent of resources available; (4) require LEAs to train employees in appropriate financial practices, necessary accounting procedures and ethical financial practices; and (5) provide for consistency among LEAs regarding fiscal policies, procedures and accountability practices.

With the Utah State Auditor’s issuance of a letter to all school districts reinforcing the state’s intentions of requiring school districts to develop and implement internal control procedures in conjunction with R277-113, state ethics laws, and compliance with the Utah procurement code, SEDC’s fiscal agent, Iron County School District, has adopted ICSD Code DA ON FISCAL POLICIES AND ACCOUNTABILITY. Please see link below:

http://irondistrict.org/handbook/policy-handbook-table-contents/section-d/policy/fiscal-accounting-and-reporting