Treasurer
Full definition — The treasurer is a board officer who provides financial oversight for the charter school. Responsibilities typically include reviewing financial statements, presenting financial reports to the board, ensuring annual audits are completed, monitoring the budget, and overseeing internal financial controls. The treasurer often chairs the finance committee. While the treasurer does not manage day-to-day finances (that is the school administration's role), they ensure the board has the financial information needed to make sound decisions.
Why It Matters
Financial mismanagement is one of the top reasons charter schools face corrective action or closure. The treasurer serves as the board's financial watchdog, and all board members benefit from understanding this role's scope and importance.
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