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We put students first, seek growth, are open to change, do great work together and value differences.

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2512 George Mason Drive • P.O. Box 6038 Virginia Beach, Virginia 23456-0038   757.263.1000 • 757.263.1240 TDD
Three snow makeup days identified, first semester extended due to Winter Storm Grayson. Click here for more information.

Policies and Regulations

School Board of the City of Virginia Beach
Policy 3-44

BUSINESS AND NONINSTRUCTIONAL OPERATIONS

Financial Reports

A.  Staff to Board

A continuing balance of the various budgetary accounts shall be maintained. The superintendent shall submit a monthly financial report covering the division's fiscal actions. The school board shall review the financial condition of the division monthly at a regular board meeting.

B.  Staff to Administration

Routine financial reports are to be submitted in accordance with administrative memoranda circulated annually by the superintendent.

Legal Reference:

Code of Va., § 22.1-115. System of accounting; statements of funds available; classification of expenditures.

 

Adopted by School Board:  February 16, 1993