BARRE SUPERVISORY UNION DISTRICT #61 CODE: DA
POLICY MANUAL
DRAFT: 6/11/98
First Reading: 9/10/98
Second Reading/Adopted: 10/8/98


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FISCAL MANAGEMENT

The annual budget serves as a control to direct expenditures. The Barre Supervisory Union District's accounting system will provide an accurate record of all financial transactions. The financial status of the District will be reported to the Board with monthly revenue and expenditure reports.

Necessary internal control systems will be established and constantly maintained to adequately safeguard the assets of the Barre Supervisory Union District as outlined in the Business Office procedures and policy manual.

All accounting systems and practices used by the Barre Supervisory Union District will be in conformance with State standards, Handbook II R and GAAP (Generally Accepted Accounting Principles).

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