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

_________________________________________________________________________________

FINANCIAL REPORTS AND STATEMENTS:

Monthly Reports:

The Business Manger will prepare monthly financial statements for the district. Such reports will contain information showing budget, expenditures, encumbrances, revenues, and balances. These reports will be reviewed by the Barre Supervisory Union District Board of Directors at a duly warned meeting and action will be recorded in the official minutes.

Fiscal Authority:

It is a responsibility of the Barre Supervisory Union District's Board of Directors to assure that all funds held in any accounts are adequately protected.

Page 1 of 1