Objective+24


 * Objective 24: Work with the principal to develop a school budget.**

it became clear that a strong relationship must be developed with the school bookkeeper. Both the principal and bookkeeper keep a continuous watch over the finances of the school. It's also important to set financial goals as an administrator and focus on the instructional needs of the students at the school. The annual audit for Abingdon High School and the rest of Washington County takes place in July. The auditing process varies in length but can last from 4 to 6 hours and involves Ms. Lilly (Abingdon's bookkeeper) pulling receipts, deposits, and purchase orders. The audit summary from 2010-2011 was 6 pages in length and listed several minor deficiencies but nothing of the significant nature. A majority of the deficiencies were related to missing documentation. The auditing firm is from Norton, VA and has conducted the audit for Washington County over the last five years. Before the auditing team arrives Ms. Lilly will print out over 500 pages of bank statements to be reviewed. ||
 * Date || Time started || Time ended ||= Number of hours || Description of activities ||
 * 04/18/12 || 4:00 || 5:00 ||= 1 || Interviewed Mr. Wallace about the budget at Abingdon High School. ||
 * 05/09/12 || 2:00 || 3:00 ||= 1 || Recorded Mr. Wallace's responses about the budget at Abingdon High School. ||
 * 06/05/12 || 12:30 || 2:30 ||= 2 || Reviewed and discussed the annual audit for Abingdon High School with Ms. Lilly. ||
 * Reflections and learning ||||||||< Administrators devote a large amount of time and energy to the school's budget. After discussing the budget process with Mr. Wallace
 * Reading(s) ||||||||< Sorenson, Richard D., & Goldsmith, Lloyd M. (2006). //The Principal's Guide to School Budgeting//. Newbury Park, CA: Corwin ||