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Rush City board advances budget and finance policies at second reading
Summary
Board held second readings Nov. 21 for budget and finance policies including Policy 701 (Budget) and Policy 703 (Annual Audit); these items were presented as second readings for adoption consideration.
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At the Nov. 21 meeting the board presented second readings of several finance-related policies, signaling these items may be closer to adoption. Policies on second reading included Policy 701 (Establishment and Adoption of School District Budget, revised), 701.1 (Modification of School District Budget), 702 (Accounting), 703 (Annual Audit), 705 (Investments), 706 (Acceptance of Gifts) and additional finance and activity accounting policies.
Because these were listed as second readings on the agenda, the board's materials indicate these policies are further along in the district's review process than those on first reading; the minutes do not record any adoption votes in the Nov. 21 text, only that the items were presented as second readings.
