E 9130dFinance Committee

Name: Board Finance Committee

Department: Board of Education

Focus Area: Review district finances, audit, budget and finance related activities

Membership: Four board members appointed by the board president, district administrators as needed

Type: Standing

Meeting Dates: As needed

Duration: Ongoing

The Finance Committee reviews and makes recommendations to the Board regarding the existing and projected revenues and expenditures, and suggests measures to overcome potential budget constraints and improve the fiscal solvency of the District. Such recommendations are made to ensure the District is maximizing its revenues, is using its resources optimally, and is able to sustain effective operations on a long-term basis.

The Finance Committee regularly identifies areas of the budget or of fiscal operations for in-depth analysis. Such projects are undertaken for the purpose of addressing public input, developing the budget timeline and a fiscal plan, and reviewing Administration assumptions.