Grosse Ile Township Schools
Bylaws & Policies
 

6210 - FISCAL PLANNING

The Board of Education shall collect and assemble the information necessary to discharge its responsibility for the fiscal management of the School District and to plan for the financial needs of the educational program. The Board will strive toward maintaining both short and long range projections of District financial requirements.

Accordingly, the Board directs the Superintendent or designee to:

 A.include cost estimates in 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 District's ongoing fiscal planning.

In addition, the Board directs the Superintendent or designee to maintain annually a detailed two (2) year forecast of estimated expenditures and revenues.

Adopted 8/28/07