DI: Fiscal Accounting and Reporting
The Superintendent or designee will be responsible for receiving and properly accounting for all funds of the school district.
The accounting system used will conform to state requirements and accepted accounting practices, providing for the appropriate separation of accounts, funds, and special monies.
The School Committee will receive periodic financial statements from the Superintendent or designee showing the financial condition of the school district.
LEGAL REF.: 603 CMR 10:00