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601. OBJECTIVES

1.Purpose

  The Board recognizes its responsibility to the taxpayers of the district to be sure that public monies expended by the school district are used for the continued progress of student education in accordance with school policies and state education regulations.  The Business Office of the School District of Springfield Township will maintain the appropriate financial and accounting records including, but not limited to, tax collection, investments, payroll, purchasing, cash, and budget transactions.

2.Authority
SC 408, 439, 518,
601, 609, 623, 634,
664, 687, 690, 691,
751, 807, 1155,2401

  The Board has the authority and responsibility to prepare the budget, approve bids, and pass upon each expenditure of the district.

3.Responsibility
SC 433

 The Board requires the Superintendent, in conjunction with the Business Administrator, to establish sound accounting procedures based upon state and federal recommended accounting procedures, and to institute effective business practices.

The Superintendent and Business Administrator shall review the financial operations monthly and report to the Board.

The Superintendent shall develop procedures for sound school district fiscal operations for review and adoption by the Board.

School Code

408, 433, 439, 518, 601, 609, 623, 634, 664, 687, 690, 691, 751, 807, 1155, 2401,