DI--Financial Accounting and Reporting

                                                                                                                                                                                                                                                         File:  DI




            The superintendent or superintendent’s designee is responsible for implementing a modern system of accounting for all school funds as established by the Board of Education and the Auditor of Public Accounts.

The Alleghany County School Board receives monthly statements of the funds available for school purposes.

At least once each year the School Board submits a report of all its expenditures to the appropriating body. Such report is also made available to the public either on the school division website or in hard copy at the central school division office on a template prescribed by the Board of Education.

Adopted:          November 16, 2015


Legal Refs.:     Code of Virginia, 1950, as amended, §§ 22.1-90, 22.1-115.

Cross Refs.:   
CBA    Qualifications and Duties of the Superintendent

DA       Management of Fund
DB       Annual Budget

DG      Custody and Disbursement of School Fund
DGC    School Activity Funds

DGD    Funds for Instructional Materials and Office Supplies
DJB     Petty Cash Fund
EF       Food Service Program

© 9/15 VSBA                         ALLEGHANY COUNTY PUBLIC SCHOOLS