DIC - Financial Reports and Statements
Adopted: 8/13/97; 7/13/22
The Board will receive financial reports that include estimates of expenditures for the general fund in comparison to budget appropriations, actual receipts in comparison to budget estimates and the district’s overall cash condition. Supplementary reports on other funds or accounts will be furnished upon request of the Board or superintendent.
The Board will receive a preaudit report from the director of finance and operations recapping the year-end closure of financial statements prior to the annual audit.
Appropriate staff will be available at any Board meeting, upon the Board’s request, to respond to questions and to present current financial information. The superintendent will notify the Board at any time of substantial deviations in the anticipated revenues and/or expenditures.
END OF POLICY