DIA - Accounting System
ACCOUNTING SYSTEM
The accounting system shall include an encumbering system and shall provide all information needed to construct a balance sheet and to make a revenue and expenditure statement in accordance with the accounting manual authorized by the Maine Education Data Management System’s Financial System.
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
Title 20-A: Education Part 7: School Finance, Chapter 606-B Essential Programs and Services, §15690 Local Appropriations
Adopted: PRIOR TO 1988
Revised: December 8, 2022