The Business Department oversees day-to-day activities including processing payables, receivables and student activity transactions. The staff monitors activity to ensure funds spent are within guidelines established by the School Board and the approved budget. The Business Department is also responsible for ensuring that all expenditures are in compliance with Minnesota statutes.
The Business Department is responsible for meeting deadlines associated with submission of financial data to the Minnesota Department of Education. In addition, the Business Department oversees the district budget process, assists the district’s independent auditors during the annual audit and works with Rice County and the Minnesota Department of Education to ensure the levy process is completed.
The Faribault School District Business Department staff consists of dedicated professionals whose goal is to contribute to the successful education of all students through sound fiscal practices. The staff pride themselves on quality service to students and families, as well as District staff, and the school board in all District business and finance issues.