Moffat Consolidated School District #2
Policy Type: GOVERNANCE PROCESS
Policy Number: GP-9
Policy Title: COST OF GOVERNANCE
In order to govern well, the board will invest in its governance capacity.
1)Board skills, methods, and supports will be sufficient to assure governing with excellence.
a)Training and retraining will be used liberally to orient new members and candidates for membership, as well as to maintain and increase existing members skills and understanding.
b)Outside monitoring assistance will be arranged so that the board can exercise confident control over organizational performance. This includes, but is not limited to, fiscal audit.
c)Outreach mechanisms will be used as needed to ensure the board’s ability to listen to owner viewpoints and values.
2)Costs will be prudently incurred, though not at the expense of endangering the development and maintenance of superior capability.
a) Up to $ 9,000.00 for training, including attendance at conferences and workshops.
b)Up to $12,000.00 for financial audit and other third party monitoring of organizational performance.
c)Up to $5000.00 for surveys, focus groups, opinion analyses, and meeting costs.
Monitoring Method: Internal
Monitoring Frequency: March, September
Adopted: September 17, 2001
Revised: November 2001, May 2003, August 2006