Policy 18 – Finances
Date Adopted: June 23, 2010
Date Reviewed: March 10, 2021
The Board places responsibility for fiscal prudence and compliance in the office of the Superintendent/CEO. The Border Land School Division shall not be operated in ways that jeopardize its financial health and stability, nor shall it be operated in ways that jeopardize the effective, efficient use of its financial resources.
The Superintendent/CEO will ensure that the school division operates its annual financial affairs in accordance with Section 42 of the Public Schools Act.
The Superintendent/CEO will ensure that all accounting practices of the school division are within the generally accepted accounting principles as outlined by the Province of Manitoba.
The Superintendent/CEO will provide the Board with an operating statement on a quarterly basis.