SDA - Fiscal Management Goals - Priority Objectives

FISCAL MANAGEMENT GOALS/PRIORITY OBJECTIVES

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 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;

E.  To maintain a level of per pupil expenditure needed to provide high quality

 education; and

F To maintain a clear and transparent school budget process. 

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: Title 20-A: Education Part 2: School Organization, Chapter 111 Municipal Schools, Subchapter 1 School Committee, §2307 School Budgets

Title 20-A: Education Part 7: School Finance, Chapter 601 General Provisions, §15006 School Money, Finance Committees 

Adopted:   February 12, 2002

Reviewed:   March 10, 2022