Policy: 103

Board Participation and Fiscal Management


Procedure:

The Board will review and annually approve budgets, and audits and grants as necessary.

The Board will assist in securing local funds as may be available through city and county funding as well as funding that may be available through United Way and other local sources. The Board shall encourage private gifts and donations from the citizens of Marion and Dillon Counties.

Monthly financial reports for all programs will be developed and presented to the Board for review and approval.

Audit reports will be reviewed with the Board and approved at least annually, corrective action, if needed, will be addressed/approved by the Board.

Purpose

The governing board shall assist in the fiscal management of the programs.

Effective Date:
June 1, 1998

Revised:
October 25, 2001
November 18, 2010