4110 – Fiscal Management Goals

The quantity and quality of learning programs are dependent on the effective management of funding.  Attainment of a district's purposes can best be achieved through sound fiscal management. The Grand Island Public Schools recognizes the responsibility of managing public resources. The Board will be diligent in fulfilling its responsibility to assure that funds are used wisely for achievement of purposes for which they are allocated.

It is essential that the district takes action to make sure education remains central and that fiscal matters are supportive of the educational program.  This concept shall be incorporated into Board operations and all aspects of district management and operation.

In the district's resource and fiscal management, the Board seeks to achieve the following goals:

1.   To engage in advance planning, with broadly based staff and community involvement, to develop budgets and guide expenditures to achieve the greatest educational program for dollars expended.

2.   To establish levels of funding which will provide quality education for the district's students.

3.   To use the best techniques for development and management of the budget.

4.   To establish maximum efficiency procedures for accounting, reporting, business, purchasing and delivery, payroll, payment of vendors and contractors, and all other areas of fiscal management.

5.   To take into consideration all procedures in operation and planning which will lead to conservation of resources.

Policy Adopted 10/4/76 

Policy Updated 2/10/92

Policy Reviewed 8-24-98

Policy Revised: 07.13.2015