FISCAL ACCOUNTING AND REPORTINGThe Board of Education insists on clear, complete, and detailed accounting of all financial transactions for which the Board is held accountable.
These shall be filed with appropriate governmental bodies as required under law or regulation.
Types of Funds
Financial records will be kept in accordance with law.
2.
School Lunch Fund
Monies collected from cafeteria receipts will be deposited on a regular basis into the school lunch fund.
The fund includes a record of deductions made from the payroll including state and federal income tax, social security, tax sheltered annuities, hospitalization, teachers’ dues, garnishes, etc.
Allowed
None
ctewinkle
None
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