Alabama § 16-13A-1 Fiscal Management Policies

Alabama Statutes

§ 16-13A-1 — Fiscal Management Policies

Alabama § 16-13A-1

Title 16Education

Ch. 13ASchool Fiscal Accountability

This text of Alabama § 16-13A-1 (Fiscal Management Policies) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 16-13A-1 (2026).

Text

A local board of education, to ensure the sound fiscal management of board finances, upon the recommendation of the local superintendent of education, shall adopt fiscal management policies which comply with generally accepted accounting principles, including, but not limited to, policies related to each of the following:

(1)Regular reconciliation of bank statements.

(2)Maintenance of fixed assets inventory.

(3)Deposit of incoming funds.

(4)Review of monthly revenues and expenditures.

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A local board of education, to ensure the sound fiscal management of board finances, upon the recommendation of the local superintendent of education, shall adopt fiscal management policies which comply with generally accepted accounting principles, including, but not limited to, policies related to each of the following:
(1) Regular reconciliation of bank statements.
(2) Maintenance of fixed assets inventory.
(3) Deposit of incoming funds.
(4) Review of monthly revenues and expenditures.