707.1 -Presentation & Publication of Financial Information

PRESENTATION AND PUBLICATION OF FINANCIAL INFORMATION
Code No. 707.1

Annually, after August 31 of each year and before the organizational meeting, the Treasurer  will give the annual report stating the beginning balance, disbursements, revenues received, and ending balances in each school district fund.   This report is in written form and sent to the Board with the agenda for the board meeting.  The Treasurer will also furnish the Board with a statement from each depository showing the balance then on deposit. It is the responsibility of the Treasurer to submit this report to the board annually.

The Board Secretary, in coordination with the Treasurer, will provide a written report to the Board of Directors each month. The report will be included in the agenda for the Board of Directors meeting, showing the beginning balance, receipts, disbursements and ending balances of each school district fund. 

Following board approval, the Board Secretary will timely publish each month the schedule of bills allowed by the Board and will annually publish the total salaries paid to the employees regularly employed by the school district in a newspaper published within the school district or, if none, in a newspaper of general circulation within the school district.  

Legal Reference:    Iowa Code §§ 279, .33, .36; 291.7; 618 

Cross Reference:    206.3    Secretary/Treasurer 
            210.1    Annual Meeting
            

Adopted:      04/13/1987
Reviewed:    08/10/2026
Revised:    08/10/2026