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WEM board advances superintendent policy readings and adopts accounting, audit and fixed-asset policies
Summary
The board held first readings on several superintendent-related policies and approved policies 512, 702, 703 and 704 on Oct. 28, formalizing rules on student publications, accounting, annual audit and fixed-asset inventory.
The Waterville-Elysian-Morristown School Board conducted first readings of superintendent-related policies (numbers 301, 301A, 342, 343, 344 and 345) and moved to formal action on several operational policies. On a motion by Rezac and a second by Jeff Stangler the board approved policies 512 (School-sponsored Student Publications and Activities), 702 (Accounting), 703 (Annual Audit) and 704 (Development and Maintenance of an Inventory of Fixed Assets and a Fixed Asset Accounting System); seven members voted in favor.
The minutes note attachments for the first readings but record adoption only for the four policies listed above. The approved accounting and audit policies establish the district’s formal procedures for financial reporting and fixed-asset control, while policy 512 governs student publications and activities.
