Who leads the district's financial operations and reporting?

• A. The Superintendent.
• B. The School Board President.
• C. Chief Financial Officer (CFO) leads financial operations, budgeting, accounting, reporting, compliance, risk management, and financial planning.
• D. The Principal.

Answer: (C)

The main concept is who handles a district's financial operations and reporting. The Chief Financial Officer leads these areas: budgeting, accounting, reporting, compliance, risk management, and financial planning. This role is specifically designed to manage financial matters for the entire district, coordinate with the school board, and ensure accurate financial statements and compliance with laws and standards. The Superintendent is responsible for overall district administration and educational programs, the School Board President oversees policy and governance, and the Principal runs a specific school’s day-to-day operations. Therefore, the CFO is the appropriate leader for district-wide financial operations and reporting.