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Stockbridge Valley board adopts multiple budget and audit policies
Summary
The board adopted several policies related to budgeting, investments, borrowing, deposits and annual audit procedures (Policies 4201, 4202, 4203, 4300, 4301, 4302, 4400–4402, and 6025). The motion carried 5–0.
The Stockbridge Valley Central School District Board of Education voted to adopt a set of fiscal and audit-related policies on May 13, 2025. Policies listed in the minutes include 4201 (Budget Publication and Hearing), 4202 (Budget Transfers), 4203 (Contingency Budget), 4300 (Borrowing Fund), 4301 (Deposits), 4302 (Investments Policy), 4400 (Audit Committee), 4401 (Annual Audit), 4402 (Auditing Claims for Payment) and 6025 (Non-Negotiating Staff Benefits); Policy 4403 (Internal Audit Function) is listed for deletion. The motion carried 5–0.
Board member Carol Marshall moved the adoption, seconded by Kristin Guinto, and the minutes record unanimous board approval. The adopted policies update the district’s governance for budget publication, transfers, contingency planning, and auditing responsibilities ahead of the 2025–26 school year.
