The Finance Department has the responsibility of recording and reporting on the financial activities of the school and of verifying that all financial transactions are conducted and recorded in accordance with the budget ordinance, applicable laws, guidelines provided by regulatory agencies, generally accepted accounting principles and system policies. Listed are some of the duties performed in fulfilling the department’s responsibilities: · Supervising the receipt, deposit and investment of cash · Reconciliation of all System bank accounts · Approving all invoices and contracts prior to payment · Disbursing funds for payment to suppliers · Maintaining expenditure records for all the systems grants · Disbursing employee payroll funds · Preparing financial reports for Board of Education · Coordinating the annual system audit · Meeting regularly with Director’s and Principal’s on budget The Finance staff includes the Finance Director, Accounts Payable, Payroll and Benefits.