Since educational programs are dependent on adequate funding and the proper management of those funds, the Kimberly 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:
- Engage in advance planning, with staff and community involvement, to develop budgets that will achieve the greatest educational returns in relation to dollars expended.
- Establish levels of funding which shall provide superior education for the district's students.
- Provide timely and appropriate information to staff who have fiscal responsibilities.
- Establish efficient procedures in all areas of fiscal management.
- Establish procedures that will assure the district shall remain financially sound.
Legal Reference:
Title 20, Chapter 7, Idaho Code Fiscal Affairs of School Districts
Policy History:
Adopted on: September 16, 2004
Revised on: