DI Fiscal Accounting and Reporting
File: DI
FISCAL ACCOUNTING AND REPORTING
The Superintendent will be ultimately responsible for receiving and properly accounting for all funds of the school district.
The accounting system used will conform with the Uniform Massachusetts Accounting System as well as good accounting practices, providing for the appropriate separation of accounts, funds, and special monies.
The School Committee will receive periodic financial statements from the Superintendent or designee showing the financial condition of the school department. Such other financial statements as may be determined necessary by either the Committee or the administration will be presented asrequested.
LEGAL REFS.:
- M.G.L. 44:38
-
603 CMR 10:00
LEGAL REFS.: