Required Financial Transparency
Colorado Revised Statutes, 22-44-304
(Commencing July 1, 2015)
The Finance Committee of Stargate School’s Board of Directors has oversight regarding the School’s budgets and financial statements. The committee consists of parent volunteers with appropriate qualifications that work together with the Board Treasurer and the School Business Manager to continuously monitor the School's financial position and ensure the highest standards of financial stewardship, accountability and transparency.
In addition, the School's annual financial statements and internal controls over financial reporting are audited by an independent auditor as required by Colorado Revised Statute 29-1-603. The independent auditor issues a report to the Stargate Board of Directors, containing their opinion as to whether the financial statements fairly present, in all material respects, the financial position of Stargate Charter School. The independent audit is conducted in accordance with auditing standards generally accepted in the United States.
For more information about Colorado's school finance act, public school funding, financial reporting and state polices, visit Colorado Department of Education School Finance Division.