Hickman County Board of Education
Descriptor Term:
Descriptor Code:
Issued Date:
2.100
03/02/26
Fiscal Management Goals
Rescinds:
Issued:
2.100
02/05/24
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General
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The Board shall practice sound fiscal management procedures which guarantee maximum use of all
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resources provided. The Board assumes responsibility, within its financial capabilities, for providing at
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public expense all items of equipment, supplies and services that may be required in the interest of
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education in the schools under its jurisdiction. 1
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In fiscal management, the Board seeks to achieve the following goals:
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1. To engage in advance planning, with broad-based staff and community involvement;
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2. To establish levels of funding which will provide quality education for the system's students;
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3. To use the available techniques for budget development and management;
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4. To provide timely and appropriate information to all staff with fiscal management
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responsibilities; and
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5. To establish efficient procedures for accounting, reporting, purchasing and delivery, payroll,
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payment of vendors and contractors, and all other areas of fiscal management. Require the
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Director of Schools to develop procedures for accounting, reporting, purchasing and delivery,
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payroll, payment of vendors and contractors, internal controls, and all other areas of fiscal
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management. Financial policies and accompanying procedures shall be reviewed annually to
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ensure ongoing compliance.²
Legal References
Cross References
1.
Internal School Funds Manual, Section 3-1
School District Goals 1.700
2. Tenn. Comptroller of the Treasury, Fiscal Health
Principles for Tenn. School Districts and Local
Governments (2026)
Version Date: June 23, 2026

## Table 1

|  | Hickman County Board of | Education |  |
| --- | --- | --- | --- |
|  | Descriptor Term: | Descriptor Code: 2.100 | Issued Date: 03/02/26 |
|  | Fiscal Management Goals | Rescinds: 2.100 | Issued: 02/05/24 |