Community Audit Advisory Committee 

Mission Statement

• Be a Board of Education chartered committee. Meetings will be posted and minutes prepared for public record.

• Meet a minimum of four (4) times a fiscal year in February, May, August, and November.

• Learn and understand the issues that are impacting the Lebanon City School District.

• Act as a liaison to the general public to assist in translating the meaning of monthly and year-end financial reports, financial forecast and associated assumptions, audit reports and other financial documents, as needed.

• Review revenue and expenditure options.

• Review recent or upcoming changes of district financial policy as required by new laws or district needs.

• Inform the Treasurer, Superintendent and Board of Education of community concerns relating to financial issues.

• Act as a sounding board for the Treasurer and the Board of Education regarding financial matters.

Membership:

The Financial Committee is selected and appointed by the Board of Education. The Treasurer may make membership recommendations.

The committee will have a minimum membership of seven (7) persons who are to live within the Lebanon City School District or be a part of the district business community. Members will have business and/or a financial background and a strong sense of community. The committee will choose a chairperson and a secretary from among the members. The Treasurer is an ex-officio member of the committee and will provide information as requested and act as a resource. Members shall be reappointed every two (2) years.