Agenda Item
H.02. Operational Expectations Re-Monitoring Report OE-6, Financial Administration (Board Governance Policy: GC-6; OE-6)
Meeting:09/08/2009
Category:H. DISTRICT OPERATIONS MONITORING
Agenda Type:ActionPreferred Date:
Fiscal Impact:NoAbsolute Date:
Dollar Amount:$0.00Budgeted:No
Budget Source:
Agenda Item Content
RECOMMENDATION: Accept and approve the Operational Expectations Re-Monitoring Report, OE-6, Financial Administration, as compliant with noted exceptions and direct the superintendent to submit the yearly monitoring report in December 2009.

FISCAL IMPACT: None.

BACKGROUND: On February 28, 2009, the board approved Operational Expectations Monitoring Report, OE-6, Financial Administration, as compliant with noted exception for section 6.12. The board requested an update to address out-of-compliance findings related to multiple departments conducting their own procurement activities, creating time lags and approvals after the fact.

As part of the Governance Policy GC-6, Governance Culture, Annual Work Plan, the board will continually monitor and review all of its policies. Operational Expectations OE-6 Financial Administration, states that the superintendent shall not: cause or allow any financial activity or condition that materially deviates from the budget adoption by the board; cause or allow any fiscal condition that is inconsistent with achieving the board's Results or meeting any Operational Expectation goals; or place the long-term financial health of the district in jeopardy.

It is the board's responsibility to consider the report as evidence of district performance in this area of operations. The board policy provides three criteria against which they are to judge the report: whether the board is satisfied that--

1. the policy has been reasonably interpreted;

2. the district and the superintendent are in compliance with the provisions of the policy or have disclosed procedures to establish compliance; or

3. the information is sufficient to allow the board to decide.

[Originator/Contact: James Masias, Chief Financial Officer, 619.725.7561, jmasias@sandi.net]

OE-6 Financial Adm Monitoring Rpt 6.12 update.pdf


Created on 08/27/2009 at 06:06 PM by Dara Jamerson. Last update on 09/02/2009 by Josefina Viorato.