Jerome Joint School District No. 261

FINANCIAL MANAGEMENT 7000

Goals

Since educational programs are dependent on adequate funding and the proper management of those funds,

District goals can best be attained through efficient fiscal management. As trustee of local, state and federal funds

allocated for use in public education, the Board shall fulfill its responsibility to see that funds are used to achieve

the purposes intended.

Because of resource limitations, fiscal concerns often overshadow the educational program. Recognizing this, the

District must take specific action to ensure that education remains primary. This concept shall be incorporated

into Board operations and into all aspects of District management and operation.

In the District’s fiscal management, the Board seeks to achieve the following goals:

1. Engage in advance planning, with staff and community involvement, to develop budgets that will achieve the greatest educational returns in relation to dollars expended.

2. Establish levels of funding which shall provide superior education for the District's students.

3. Provide timely and appropriate information to staff who have fiscal responsibilities.

4. Establish efficient procedures in all areas of fiscal management.

Legal Reference: I.C. § 33‐701 et seq. Fiscal Affairs of School Districts

Policy History:

Adopted on: 11/21/2006

Revised on: