Board Policy Type: 8000 FINANCE

POLICY NO.:            8001.2                                   DATE APPROVED: April 30, 2018   SUBJECT:                Accumulated Operating Surplus Policy The Board of Education is committed to providing a transparent process for the allocation of an operating surplus in order to provide services to students, the transfer of operating surplus to other funds, and the accumulation of operating surplus for future […]

POLICY NO.:            8001.1                       DATE APPROVED: April 30, 2018 SUBJECT:    Budget Development, Monitoring and Reporting Policy The Board of Education is committed to providing a transparent process for developing, monitoring, and reporting its annual budget. A transparent process will improve the financial governance and accountability of the school district for the development, monitoring, and reporting of […]

POLICY NO.:                8009                             DATE APPROVED:       1999-11-10 SUBJECT:                    Transportation Assistance Policy The Board recognizes that school-age children are entitled to access educational programs in School District No. 60 and that a means of transportation assistance may be required. Regulations Upon application, and approval of same, and subject to the accompanying regulations, transportation assistance will be paid […]

POLICY NO.:                8001                             DATE APPROVED:       1999-12-08 SUBJECT:                    Annual Operating Budget Policy Significant adjustment and/or new programs shall be reviewed by the Board prior to the commitment of funds.  Priorities within the existing financial framework will be discussed by the Board.  A significant adjustment is defined as the transfer of allocated funds from one general […]

POLICY NO.:                8007                                                  DATE APPROVED:  1994-02 SUBJECT:        School Funds – Audit ______________________________________________________________________________ Policy All funds administered by a school, including students’ council and parents’ advisory council funds, (if funds are included in school Trust Accounts) shall be audited annually by the Secretary-Treasurer and from time to time by an external auditor appointed by the Board. […]

POLICY NO.:  8006                                                      DATE APPROVED:   03-2013 SUBJECT:        School Funds-Administration Policy Principals shall administer all funds, public or non-public, which are collected or disbursed at the school, depositing them in bank accounts designated as Trust Accounts. 1.         All public and non-public funds shall be kept in separate trust accounts. 2.         District funds collected by the school and […]

POLICY NO.:    8005                                         DATE APPROVED:       1999-03-10  SUBJECT:        Purchasing Procedures Protocol – Technology  Policy The Board of Trustees requires that technology purchases be done in the most economical and expeditious manner possible, at the lowest available cost for the quality of the product or service required, while maintaining relationships with suppliers on a fair and ethical […]

POLICY NO.:                8004                 DATE APPROVED:            1985-03 SUBJECT:        Purchasing Procedures Policy                                             The Board of School Trustees requires that assets, materials, and services needed for the enhancement of education, and the operation of the School District, be purchased in the most economical and expeditious manner possible, at the lowest available cost for the quality of the product […]

Policy No. 8003                         Date Approved:  1996-09-25 Subject: Fundraising Policy Fundraising projects to ensure an active extra-curricular programme and for the enhancement of curricular programmes must meet the criteria outlined in the Regulations. Criteria 1.         Fundraising projects must have prior approval of the School Principal. 2.         The Board encourages Schools and PAC’s to seek environmentally appropriate […]

POLICY NO.:                8002                             DATE APPROVED:       1999-11-10 SUBJECT:                    Boarding Allowance The Board recognizes that school-age children are entitled to access educational programs in School District No. 60 and that a boarding residence may need to be considered. Regulations Application: Application forms are available at the School Board Office. Upon application, and approval, boarding allowance will be […]