202.4 Treasurer

It is the responsibility of the Board to appoint a Treasurer. A Board Treasurer may be appointed from employees, other than a position requiring a teaching certificate, or from the public. To finalize the appointment, the Board Treasurer will take the oath of office during the meeting at which the individual was appointed or no later than ten days thereafter.

It is the responsibility of the Treasurer to oversee the investment portfolio, to receive funds of the school district, to pay out the funds for expenses approved by the Board, to maintain accurate accounting records for each fund, to report monthly regarding the investment portfolio and the status of each fund and to file required reports with the appropriate state agencies and other entities. It will also be the responsbility of the Treasurer to work with the Secretary to coordinate the financial records, the financial reports, the cash flow needs and the investment portfolio of the school district.

If the Treasurer is unable or unwilling to carry out the duties required, it is the responsibility of the Superintendent, or its designee, to carry out the duties of the Treasurer.

The Board Treasurer will be covered by an insurance policy paid by the school district.

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Approved: 4/12/77

Reviewed:

Revised: 2/15/10; 2/11/13; 1/14/19; 12/9/24