Barre Town Supervisory District Policy Manual
TITLE: Fiscal Management CODE: DA
The annual budget serves as a control to direct expenditures. The Barre Town School Districtís accounting system will provide an accurate record of all financial transactions. The financial status of the District will be reported to the Board with monthly revenue and expenditure reports.
Necessary internal control systems will be established and constantly maintained to adequately safeguard the assets of the Barre Town School District as outlined in the Business Office procedures and policy manual.
All accounting systems and practices used by the Barre Town School District will be in conformance with State standards, Handbook II R and GAAP (Generally Accepted Accounting Principles).
1st Reading: 5/10/00