Policies -> Table of Contents -> Business Administration

Edmonton Public Schools
Board Policies and Regulations

CODE: DA.BP
TOPIC: Fiscal Oversight and Management		 EFFECTIVE DATE: 24-03-2009
ISSUE DATE: 26-03-2009
REVIEW DATE: 03-2016

The Board believes that the fulfillment of its mission, priorities and strategic plan is dependant upon sound financial planning and management.

The Board ensures the fiscal integrity of the organization by providing leadership, oversight and management philosophy that directs the management of district resources to meet the Board's policy objectives, district priorities and requirements of Alberta Education.

The main goal of financial management is to achieve a long-term, stable and positive financial position. The Board also believes that the management of district finances should be based upon a foundation of integrity, prudent stewardship, planning, accountability and full disclosure of results.

The Board shall be responsible for approval of:

  • the annual planning base and any updates that are required during the year
  • the annual operating budget
  • the three-year capital plan
  • the ten-year facilities plan

The Board receives for information from the Administration the:

  • interim quarterly financial reports
  • annual audited financial statements
  • school and decision unit annual plans
  • results review documentation

The Superintendent of Schools shall ensure that the district's resources are spent and managed according to Board policy, district priorities and Alberta Education requirements.

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