FILE: DCH

MONTHLY FINANCIAL RECONCILIATION

All school system financial records shall be reconciled with corresponding bank statements each month by the Superintendent or designee. A financial report showing the budgetary revenues, expenditures, and balances for all funds shall be presented to the Board monthly. Said report shall include the local schools’ financial status.

ADOPTED: August 13, 2002

LEGAL REF: Code of Alabama 16-13-143