3400 — Management Of District Assets/Accounts (BP)
The official document
What the district published
This is the source material — exactly as released by RUSD. The plain English translation below is this site's version, written for community members who shouldn't need a budget degree to understand where their school dollars go.
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What this document actually says
Last Updated: February 13, 2024
This policy establishes how Reed Union School District manages and protects its money and assets. The Board requires the Superintendent to maintain accurate financial records that comply with state accounting standards and produce reliable reports. Capital assets (items costing $5,000+ with useful life over one year) must be tracked and their depreciation calculated. The policy emphasizes fraud prevention through internal controls like separating financial duties, background checks for business office staff, and ongoing training. All employees must report suspected fraud immediately. Anonymous reporting methods must be available. Board members and employees handling contracts must follow conflict of interest rules. The Superintendent leads investigations of suspected fraud with support from auditors, legal counsel, or law enforcement as needed. Regular reports on internal controls go to the Board.
What this means for your family
This policy protects your tax dollars by requiring strong financial oversight and fraud prevention. While it doesn't directly affect daily classroom activities, effective financial management ensures district funds are available for student programs, teacher salaries, and school facilities rather than being lost to waste or fraud. The policy creates accountability for how your community's education dollars are spent and safeguarded.
Summaries are AI-assisted and based on the original district document shown above. Nothing has been editorialized — interpretations are clearly labeled. This site is maintained by Lina Godfrey's campaign as a community resource.