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NEWS: Treasurer Report to Board on FY 2020 Funding
(presented at November 18, 2019 meeting)
District Earns Auditor of State Award for Financial Reporting
( District has earned this award annually since 2014)
The Treasurer’s office oversees all of the financial operations for Lakewood City Schools, West Shore Career-Technical District, and the Community Recreation and Education Department. The Treasurer serves as the Chief Financial Officer and Public Records Officer and reports directly to the Board of Education. Major functions of this department include the following:
|Fixed Assets Inventory
||Insurance - Liability, Property, Fleet
The Treasurer also serves as Secretary to the Board of Education.
The Accounting Department processes approximately 10,000 purchase orders, 6,000 deposits, and 8,500 accounts payables checks each year. They also work with District Staff to manage over 100 grants and more than 200 student activity accounts.
The Payroll Department handles all payroll aspects for approximately 1,100 full-time, part-time, and casual/seasonal employees, including all employees of Community Education and Recreation Department. This equates to approximately 28,600 paychecks each year. Payroll also facilitates the employee benefits insurance programs for slightly more than 700 enrolled participants.