The Superintendent is responsible for: (1) planning and presenting to the Board the District's budget; (2) implementing the budget; and (3) at least quarterly, providing the Board with financial reports which include all fund balances. The budget will represent the culmination of an ongoing process of planning for the fiscal support needed for the District's educational program. It is the goal of the Board to adhere to all State of Michigan and local government requirements in adopting the operating budget. The budget will be based on GAAP and GASB pronouncements as applicable.
Hearings and Reviews
The Board shall conduct budget hearings according to state law.
Implementation
The budget will be amended as changes occur during the fiscal year and filed with appropriate agencies, as required.
Safeguarding Money and Assets
The Superintendent is responsible to see that administrative regulations are established and carried out so that all money and other assets within all of the District's facilities are deposited, safeguarded, and accounted for in an efficient manner at all times.
