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MCPS committee advances updated fiscal-responsibility policy to full Board with fiscal review condition

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Summary

The Policy Management Committee moved a revised DAA (Fiscal Responsibility and Control) to the full Board for tentative action, with the condition it be reviewed by the Fiscal Management Committee. Staff said the draft removes duplicative procedural language and points readers to the district’s financial manual and existing state requirements.

The Montgomery County Public Schools Policy Management Committee on May 15 voted unanimously to send a revised DAA policy (Fiscal Responsibility and Control) to the full Board for tentative action, conditioned on review by the Fiscal Management Committee.

Why it matters: The draft trims duplicative procedural language from the policy and refers certain procedural details to the MCPS financial manual, which staff said is periodically updated for technical and…

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