A Nevada school board has instituted an internal audit committee to review how well the school system is operating, financially and otherwise. Describes committee organization and suggests a code of conduct for school systems that addresses the following situations: gifts, influence, conflict of interest, privy information, and confidentiality.…

A permanent inhouse auditor at the Tacoma (Washington) school district provides assurance to the administration that complex systems and procedures are effective and that financial reports are accessible. Lists criteria for defining the auditor's role and methods for evaluating the auditor. (MLF)

Offers guidelines for school board members in building a school budget. Includes a sample budget timetable, basic financial facts about the school district that boards should have at hand, and how to monitor the budget after it is approved. (MLF)

A cash flow analysis is charting expenditures and revenues against a factor of time. Explains how school systems can, by charting the congruency of revenues and expenditures carefully, develop an investment program to take maximum advantage of a positive cash position. (MLF)

A dozen schools in Colorado opened their doors to professional performance auditors to evaluate their effectiveness and efficiency. The audit reports recommended finding precise costs of functions, programs, and operations; minimizing duplication; and increasing accountability. (MLF)

School districts have come up with some money-saving practices that include auditing utility bills, turning off lights, installing light fixtures that are more cost-efficient, keeping track of what the district owns, and shopping for better deals with utilities. (MLF)