| Franklin Community School Corporation |
| Bylaws & Policies |
6210 - FISCAL PLANNING
The Board of School Trustees shall collect and assemble the information necessary to discharge its responsibility for the fiscal management of the School Corporation and to plan for the financial needs of the educational program. The Board will strive to maintain both short and long range projections of the Corporation's financial requirements.
Accordingly, the Board directs the Superintendent to:
| A. | include cost estimates of all ongoing financial requirements; | |
| B. | prepare a long range year-by-year plan for the maintenance and replacement of facilities and equipment; | |
| C. | maintain a plan of anticipated local, State, and Federal revenues; | |
| D. | report to the Board any serious financial implications that emerge from the Corporation's ongoing fiscal planning. |
In addition, the Board directs the Superintendent to maintain annually a detailed three (3) year forecast of estimated expenditures and revenues of the Capital Projects Funds.
I.C. 20-26-5-4