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Joint Finance Committee advances draft MOU to centralize county and school finance functions
Summary
The committee reviewed a draft Memorandum of Understanding that would create a County Finance Director responsible for county and School Division finances, move two finance positions under the County, set reporting and invoicing procedures, and preserve School Board statutory authority; attorneys will review the revised draft.
Committee Co-Chair John Kost presented a draft County–School Memorandum of Understanding on March 26 that, if approved by both Boards, would create a County Finance Director position responsible for managing the finances of both the county and the School Division and provide up to two Finance Staff dedicated to the School Division.
The draft MOU specifies…
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