Finance Committee

Chairperson: Mr. Sam Sharma

The Finance Committee is concerned with the preparation of the budget and periodic reviews of the actual expenditures as compared to the budget. The Committee works with the Superintendent of Schools in developing a recommended budget for the Board. As such the Committee reviews the budget development process, analyzes the budget document and makes public presentations as necessary. The Committee offers recommendations regarding accounting procedures and alternative expense saving suggestions. The Committee insures an audit annually and reports to the Board of Education when it is completed. The committee monitors the fiscal activities of the school district, including reviewing the monthly financial statement and annual end of year transfer report, and reviews and makes recommendations concerning the annual audit and recommends annual budget guidelines and priorities. The Chief Finance & Operations Officer of the District is a member of this committee.

Specific functions may include:

• Recommends special internal audit needs;
• Reviews and reports on accounting and purchasing procedures;
• Recommends the annual budget schedule and parameters;
• Represents the Board during various budget preparation stages;
• Recommends the design and content of the budget document;
• Conducts budget analysis and cost studies;
• Monitors the cafeteria program.

Finance Committee Meetings

Find the agendas and minutes from Finance Committee Meetings below.