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Board adopts fiscal and business management policy (E1) at final reading
Summary
The Colchester School District Board approved the third and final reading of the Fiscal and Business Management Policy (E1) after minor edits recommended by auditors and one clarifying language change on assigned responsibilities.
The Colchester School District Board of Directors approved the third and final reading of the district's Fiscal and Business Management Policy (E1) on May 20.
A board member noted the policy had been reviewed twice previously; administrators said auditors suggested a small change and that the board asked staff to check several instances where responsibility was assigned to the district or the board. District staff said they made minor wording adjustments to clarify who is accountable for particular duties but made no substantive content changes.
A board member moved to approve the third and final reading of policy E1; the motion passed with the board chair calling the vote.
Ending: With final approval the policy will be posted as the district's governing guidance on fiscal and business management; board members thanked staff for the review and moved on to the next agenda item.
