News

Redmond, Wash. – The Lake Washington School District (LWSD) Board of Directors has selected Dr. Jon Holmen to be the next Lake Washington School District Superintendent. They announced their decision on Monday, March 23, 2020.

Redmond, Wash. – The Lake Washington School District has been following guidance from Public Health in an effort to stay open as long as possible. In light of the current information shared today by our elected officials, we believe it is time to plan for alternative ways to serve our community and families. 

In collaboration with our School Board of Directors and our Lake Washington Education Association, we have made the decision to close all schools from March 12 through March 27, and re-evaluate any further closures during that time. 

In light of today’s news about a King County resident’s death related to the Coronavirus (or COVID-19), and that additional cases are anticipated, we wanted to reach out to share what Lake Washington School District (LWSD) is doing to monitor and prepare for a potential increase in frequency of the Coronavirus in our schools.  

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    System of Funds and Accounts

    File: 6020

    Accounting
    The accounting system shall comply with procedures set forth in the Accounting Manual for Public School Districts in the State of Washington and regulations required by the Revised Code of Washington and the Washington Administrative Code.

    Types of Funds

    Expending Funds - Board Approval
    All funds may be expended to the limit of each budget. The board shall approve all employment of personnel, and site purchases. The district shall establish and operate the following funds in accordance with the state laws.

    Depository of Funds
    The county treasurer shall be the ex-officio treasurer of the district as prescribed by law.

    All moneys collected by district employees shall be deposited with the treasurer within twenty-four hours.

    The district may deposit earnings of consenting employees in a bank in Washington State to be distributed to the respective employees' banks by a commercially accepted method on pay day.

    Petty Cash
    Petty cash accounts shall be established for the purpose of making small, immediate purchases. Procedures and controls shall be established by the director of business services.

    Delinquent Accounts Write Off
    The superintendent shall ensure that all avenues of collecting the accounts receivables have been exhausted and then declare them delinquent.

    The board authorizes the superintendent to write off such delinquent accounts.

     

    Adopted:
    09/01/19

    LEGAL REFS.: