4420 – Financial Reports And Statements

The Grand Island Public Schools Board Facilities and Finance Committee shall receive monthly financial statements showing the financial condition of the school district as of the last day of the preceding month.  Such statements will reflect obligations accrued as well as those already paid.  Such other financial records as may be determined necessary by either the Board or the administration shall be presented periodically.

The accounting system used shall conform with the requirements of the State Department of Education and to good accounting practices, providing for the appropriate separation of accounts, funds, and special moneys.

The district administration shall also be responsible for pupil accounting and shall report enrollment and attendance as required in the State of Nebraska.

Policy Adopted 10/4/76

Policy Reviewed: 9-20-99

Policy Revised:  07.13.2015