Management of Deficit Funds
In the event a site shows a deficit, the site is to be held accountable for the deficit.
- When a site shows a deficit, the Superintendent will report to the Board the reasons for the deficit and indicate an appropriate action plan to correct the situation.
- Principals and site supervisors shall address year-end deficits in the following fiscal year, unless otherwise arranged with the Superintendent.
Sections 20, 60, 61, 113, 116 School Act
Board Policy 12 Role of the Superintendent