File: DI
FINANCIAL ACCOUNTING AND REPORTING
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
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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
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