• BLAINE COUNTY SCHOOL DISTRICT BOARD OF TRUSTEES - FINANCE COMMITTEE

       FINANCE COMMITTEE ROLES AND RESPONSIBILITIES

    The purpose of the Finance Committee is to provide feedback to the Board regarding the District’s financial interests and operations and to assist in fulfilling the Board’s oversight responsibilities and ensuring the public’s trust. The Board recognizes it is critical to be good stewards of public funds by ensuring transparency, accountability, and efficiency in the District’s finances.

     The Board will determine the specific responsibilities of the Finance Committee at any given time. Such duties may include recommendations to the Board regarding:

    1. The annual budget and revenue and expenditure forecasts.

    2. The District's annual audit and accompanying management letters.

    3. The running of supplemental and plant facilities levies.

    4. Long-term capital plans for the District.

    5. The investment of District money and the undertaking of debt.

    6. Educating the general public concerning school finance issues, including the creation of reader-friendly budget information.

    7. Local, state, and/or national policies, legislation or emergent trends which may impact District finances.

     

    Composition

     The Finance Committee shall consist of the Committee Chair and 10 committee members:

     ● Finance Manager or Board designee

    ● The Director of Buildings and Grounds

    ● One school administrator

    ● Two to three certified professional employee representatives, including the Blaine County Education Association (BCEA) President (or designee), representing elementary and secondary certified staff.

    ● Five members of the community

     

    For more information about the Finance Committee please see BCSD Policy 220 - Advisory Committees.

    All meetings of the Finance Committee are open to the public.