Finance

Welcome

Welcome to the Lowndes County Schools Finance Page!

The Lowndes County Board of Education approved the balanced general fund budget for the 2016-2017 fiscal year. This budget included no calendar reduction days, a 3% one-time pay increase for all employees, hired more teachers and increased the fund balance.




Cash Collection Procedures

  1. Cash Collection – All Funds will be turned into the Principal’s Office Daily
    • Standard Cash Collection Form  – Initiated at the Teacher/Sponsor Level
    • Duplicate Receipts – Initiated at the Office or sponsor level (if applicable)
      Important to Note the Correct Account to Deposit the Funds for all deposits
      Only employees are bonded and authorized to handle money including School Improvement
      (Money handling may be easier with, Ex. Fund raising companies collect funds; ice cream money collected at ice cream box)
  2. Cash to be verified, by another employee, with amounts on Cash Collection sheet
  3. At the end of the day all cash turned in to the Office
  4. Deposit with Bank(>$100) and forward bank receipt and all collection documents to Centralized Bookkeeping
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