Skip To Main Content

Logo Image

Logo Title

6030 Financial Reports

FINANCIAL REPORTS

Monthly Report

The business office will prepare a monthly budget status report of the following funds:

  1. General fund (GF);

  2. Capital projects fund (CPF);

  3. Debt service fund (DSF);

  4. Associated student body fund (ASB Fund); and

  5. Transportation vehicle fund (TVF). 

A “statement of financial condition” will be submitted to the board each month. The Fiscal Supervisor will reconcile ending net cash and investments, revenues and expenditures reported by the county treasurer with the district records for all funds. As part of the budget status report, the Executive Director of Business Services will provide each director with an explanation of any significant deviation in revenue and/or expenditure projections that may affect the financial status of the district. The board may from time-to-time request additional reports.

Annual Financial And Statistical Report

At the close of each fiscal year, the superintendent, as board secretary, will submit to the board an annual financial statistical report. The report will include at least a summary of financial operations for the year.

Cross References:

  • Policy 6020 System of Funds and Accounts

Legal References:

  • RCW 28A.150.230 Basic Education Act of 1977 — District school directors responsibilities
  • 28A.400.030(3) Superintendent's duties
  • WAC 392-123-110 Monthly financial statements and reports prepared by school district administrator
  • 392-123-115 Monthly budget status reports
  • 392-123-120 Statement of financial condition — Financial position of the school district
  • 392-123-125 Personnel budget status report
  • 392-123-132 Reconciliation of monthly county treasurers' statement to district records


Adoption Date:  03.18.03 

Stanwood-Camano School District

Revised: 02.03.26