A. ROLE OF THE BOARD OF EDUCATION:

    The Cobb County Board of Education (Board) recognizes that the quantity and quality of

    learning programs available to students in the Cobb County School District (District) are

    directly dependent upon the funding provided and the effective, efficient management of

    those funds. Achievement of the District's purposes can best be met through excellent

    fiscal management. Furthermore, the Board recognizes the important trust it has been

    given with the responsibility of managing a large amount of public resources. As trustee

    of local, state and federal funds allocated for use in public education, the Board will be

    vigilant in fulfilling its responsibility to see that these funds are used wisely for

    achievement of the purposes to which they are allocated.

    Specifically, the Board acknowledges that it is essential for it to take specific action to   

    make sure education remains the District’s central focus and that fiscal matters are

    ancillary and contribute to the educational program. This concept shall be incorporated

    into Board operations and into all aspects of the system's management and operation.

B. GOALS AND OBJECTIVES: 

    In the District’s fiscal management, the Board seeks to achieve the following goals:

    1. To engage in thorough advance planning, with staff involvement, in order to develop

        budgets and to guide expenditures so as to achieve the greatest educational returns in

        relation to dollars expended;

    2. To establish levels of funding which will provide high quality education for the District’s

        students;

    3. To use the best available techniques for budget development and management;

    4. To provide timely and appropriate information to all staff with fiscal management

        responsibilities; and

    5. To establish maximum efficiency procedures for accounting, reporting, business,

        purchasing and delivery, payroll, payment of vendors and contractors, and all other

        areas of fiscal management.

Adopted: 3/25/76
Reclassified an Administrative Rule: 9/1/04

Reclassified a Board Policy: 5/14/08
Revised: 7/28/83; 8/8/84; 5/14/08