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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    Financial Administration

    Policy type: Operational Expectations
    Policy code: OE-6

    The Superintendent shall not cause or allow any financial activity or condition that materially deviates from the budget adopted by the Board; cause or allow any fiscal condition that is inconsistent with achieving the Board’s Results priorities or meeting any Operational Expectations goals; or places the financial health of the district in jeopardy.

    The Superintendent will:

    6.1    Assure that payroll and legitimate debts of the district are promptly paid when due.

    6.2    Assure that all purchases are made considering comparative prices of items of similar quality, considering a balance between cost and long-term quality and using competitive procurement procedures required by law.

    6.3    Coordinate and cooperate with the financial auditor for an annual audit of all district funds and accounts.

    6.4    Make all reasonable efforts to collect any funds due the district from any source.

    6.5    Keep complete and accurate financial records by funds and accounts in accordance with Generally Accepted Accounting Principles.

    6.6    Publish a financial condition statement annually.

    6.7    Ensure that all required reports are accurate and filed in a timely manner.

    The Superintendent may not - without Board approval:

    6.8    Expend more funds than have been received in the fiscal year unless revenues are made available through other legal means, including the use of fund balances, the authorized transfer of funds from reserve funds or from tax anticipation notes.

    6.9    Indebt the organization.

    6.10    Expend monies from reserve funds.

    6.11    Permanently transfer money from one fund to another. 

    6.12    Receive, process or disburse funds under controls that are insufficient under generally accepted accounting procedures.    

    6.13    Invest funds in investments that are not secured or that are not authorized by law.

    {formerly EL-11, Financial Administration}
    Adopted:    
    07/07/03

    Revised:    
    06/27/05
    09/27/10
    11/19/12
    08/12/19 /Executive Limitations (EL) Policies changed to Operational Expectations (OE)

    Monitoring Method: Internal Report
    Monitoring Frequency: Annually

    Lake Washington School District Board of Directors

    Board Policies