Policy ESU-3500

Business

Funds Management

Reviewed and affirmed by the Board: 
Last Revision: 
Original publish date: 08/22/1989
Related policies & regulations:  
Legal references:  

 The Unit Board is responsible for the control of all funds of the ESU.

Funds available to the Unit Board shall be managed to ensure that they are expended for the purposes for which they were appropriated and that the Unit receives a reasonable return for its expenditures.

All receipts shall be accounted for in accordance with standard accounting procedures and reported regularly to the Unit Board.

Financial reports shall be provided to the Lincoln Public Schools/Unit Board monthly.

The Associate Superintendent for Business Affairs of Lincoln Public Schools will generally serve as treasurer of ESU No. 18 and shall be responsible for assuring the use of accounts designed to provide general management information for accounting and budgeting, and also reporting accounting information related to the use of ESU No. 18 funds.