Monitoring of K-12 District Financial Accountability
The School District Financial Reporting Unit of the Resource Management Division monitors school board accountability.
Goals and objectives
- Ensure boards of education and CSF are meeting their legislated and government policy-based financial responsibilities (e.g. submitting school district budgets on time; submitting audited financial statements on time; proper adoption of bylaws)
- Ensure school district budgetary information and financial information are available, comparable and audited
Major program activities
- Coordinating, monitoring and analyzing board of education budgets, financial statements and other financial reporting
- Updating budgeting, accounting and reporting policies and instructions for school districts
- Updating of budgeting and accounting reference material to improve board of education accountability
- Providing external auditors of school districts materials to enhance the understanding of school district accounting policies
- Consolidating school district financial statements into public accounts
- Implementing financial accountability recommendations
- Analyzing special purpose funds and other financial activities for program branches
- Ensuring collection of federal revenues from aboriginal cost sharing agreements
- Primary contact for issues relating to the inclusion of school districts in the Government Reporting Entity.
Reference and Resources
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updated December 9, 2007
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