HAMILTON-WENHAM REGIONAL SCHOOL DISTRICT

WENHAM, MA

D4006

FISCAL MANAGEMENT GOALS

The quantity and quality of learning programs are directly dependent on the effective, efficient management of funds. It follows that achievement of the school district's purposes can best be achieved through excellent fiscal management.

As trustee of local, state, and federal funds allocated for use in public education, the Committee will fulfill its responsibility to see that these funds are used wisely and for the intended purpose.

It is the responsibility of the District to provide a quality education in a cost effective manner. This concept will be incorporated into Committee operations and into all aspects of school district management and operation.

In the school district's fiscal management, it is the School Committee's intent:

  1. To engage in thorough advance planning, with staff and community involvement, in order to develop budgets and to guide expenditures so as to achieve the greatest educational returns and the greatest contributions to the educational program in relation to dollars expended.
  2. To establish levels of funding that will provide high quality education for all students.
  3. To use the best available techniques for budget development and management.
  4. To provide timely and appropriate information to all staff with fiscal management responsibilities.
  5. To establish maximum efficiency procedures for accounting, reporting, business, purchasing and delivery, payroll, payment of vendors and contractors, and all other areas of fiscal management.

Adopted: January 31, 2013

Reviewed: