The Board of Trustees recognizes that sound fiscal management requires anticipating financial problems and taking early corrective action.
A fiscal policy team shall be established to regularly review the district's financial condition, report to the Board on vital financial data, advise the Board regarding the maintenance of adequate reserves, and recommend long-range fiscal policies to ensure the viability of the district's educational programs.
The fiscal policy team shall compromise of:
One Board representative
One distict administrator
Business official
Policy LOS OLIVOS SCHOOL DISTRICT
adopted: February 9, 2004 Los Olivos, California