Última modificación: 26 de marzo de 2025

Policy No. 6010 General Financial Policy

Download Policy No. 6010 General Financial Policy

It is the policy of Provo City School District (PCSD) to be open and transparent in all financial reporting, meet all related financial compliance, institute long term strategic financial planning, invest funds in compliance with the Utah Money Management Act, and maximize the flow of resources to K12 learning.

When appropriate, PCSD will legitimately spend funds in the following order:

Restricted – funding that may legally only be used for specific needs
Committed – funding that has been committed by the Board of Education
Assigned – funding that is encumbered for a specific use
Unassigned – funding that is available for use in the General Fund

In addition, Provo City School District will direct resources towards:

Student achievement
Providing competitive compensation to attract and retain employees
Providing a safe and comfortable learning and working environment
Safeguarding the taxpayer’s investment in facilities and equipment
Operating all aspects of the District efficiently and effectively

The district will make every effort to maintain sufficient reserves to:

Fund emergencies as they arise
Assure that learning and work flow is minimally impacted

Referencias legales:

Utah Code 52-7 – State Money Management Act

Aprobado por la Junta Directiva de Educación:

12 de marzo de 2013

Updated: 20 de abril de 2021

Related Policies, Procedures, and Forms

Policy 6010 P1 Tax and Disclosure Compliance Procedure