Expand Fiscal Accountability
WCPSS is committed to providing our students a quality education in a fiscally responsible manner. By expanding fiscal accountability at all levels, we are raising expectations of our staff, increasing system controls, and streamlining fiscal policies and procedures. These improvements are enabling the system to operate more efficiently.
Under the leadership of our Chief Business Officer, business practices are being assessed from a non-educator’s perspective. In addition, the Board of Education adopted the Undesignated Fund Balance Policy on Dec. 4, 2007 which includes three new provisions to guide its use; all vacant positions, budgets, and expenditures were reviewed by budget managers and senior finance and budget leaders during first quarter budget review meetings in October 2007; in November 2007 business cases were submitted in preparation for the 2008- 09 Plan for Student Success; an Independent Audit Committee will provide continuous feedback to us as we develop business management solutions for greater efficiency; internal auditors have conducted audits with schools to ensure they are in compliance with fiscal policies and procedures; all new and existing budget managers are required to go through extensive training.