Effectively managing district financial resources
In Osseo Area Schools, the Business Services department supports the education of all students by effectively managing financial resources in compliance with internal and external accountability requirements. Specific functions include accounting, accounts payable, payroll, purchasing and warehouse.
In accordance with state law, an independent audit is performed on district finances every year. The auditing firm MMKR & Co., P.A. conducts the audit.
Annually in June, the school board adopts a budget for the following fiscal year for the General, Food Service, Community Service, and Debt Service Funds. An annual budget is not adopted for the Building Construction Fund because project length financial plans are adopted in accordance with bond issue authorization.
We're proud to be recognized for excellence in financial reporting. Some of our accolades include:
- Certificate of Excellence in Financial Reporting (Association of School Business Officials International)
- School Finance Award (Minnesota Department of Education)