FILE:  DIA

Cf:  DI

ACCOUNTING SYSTEM

The Concordia Parish School Board delegates to the Superintendent or his/her designee, the responsibility of maintaining complete, accurate, and detailed records of all financial transactions in the school district.  These records shall be in accordance with generally accepted accounting principles, as prescribed and approved regulations of the Louisiana Board of Elementary and Secondary Education (BESE).

SCHOOL BOARD FUNDS

The School Board shall require the Superintendent to provide the necessary guidance and direction for the administrative implementation, review, analysis, reporting, and modification of all budgeted activities as approved by the School Board.  All regulations developed and maintained governing the fiscal responsibility of the Board and its personnel and resources shall be designed to promote efficient management and sound fiscal accountability at every level of the school system.

All School Board employees charged with receipt, handling, and/or disbursement of any Board funds shall abide strictly by state and federal law, policies of the School Board, and regulations and procedures developed by the Superintendent or his/her designee.

SCHOOL FUNDS

The School Board shall require that uniform procedures be applied throughout the school system to assure the proper accounting for, and expenditure of, all funds under the control of each individual school.  Pertinent regulations and procedures shall be maintained by the Superintendent and his/her staff.  Such funds shall be subject to regular audit by the internal audit department or as may otherwise be provided.

Adherence to and implementation of all regulations and procedures pertinent to school funds shall be the responsibility of each school principal or his/her designee. 

The Board shall receive periodic reports from the Superintendent of all income, expenditures, balances in the schools' various accounts, and such other data as the Board may prescribe, in addition to regular financial reports.  In every way possible, the Board shall provide financial assistance relative to student activity programs within each school.

Ref:     La. Rev. Stat. Ann. §§17:196, 24:515, 39:1301, 39:1302, 39:1303, 39:1304, 39:1305, 39:1306, 39:1307, 39:1308, 39:1309, 39:1310, 39:1311, 39:1312, 39:1313, 39:1314

Louisiana Accounting and Uniform Governmental Handbook, Bulletin 1929, Louisiana Department of Education

Louisiana Handbook for School Administrators, Bulletin 741, Louisiana Department of Education

Concordia Parish School Board