Finance Department

District receives prestigious Meritorious Budget Award for second year in a row

January 2016 - For the second consecutive year, the Raymore-Peculiar School District has received the Meritorious Budget Award from the Association of School Business Officials International. The award recognizes the District for its 2016-2017 submission.
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The MBA promotes and recognizes excellence in school budget presentation. After a rigorous review by professional auditors, the award is conferred only on school districts that meet or exceed the program's stringent criteria. During the 2015-2016 school year, only five school districts in Missouri, including Raymore-Peculiar, received the award.
 
Preparing the budget in a manner to qualify for the Meritorious Budget Award is a more comprehensive process than a normal budget. The finished product must present financial information, statistical data, and performance data in a way that illustrates the District's short- and long-term strategies and provides transparency in the budgeting process. The Ray-Pec budget for 2016-2017 includes a wealth of information in graphic and narrative form. The document is user-friendly, with data presented in different ways to meet the needs of many patrons.
 
Superintendent Dr. Kari Monsees commended the Finance Department staff for their work to prepare the budget and complete the additional requirements necessary for the award application.

"It is an honor to receive the award for two consecutive years, and is a reflection of our commitment to meet high standards in school district budgeting and reporting," said Dr. Monsees. "The award is evidence of the District's efforts to employ sound financial management practices, and to allocate resources strategically to support our students."
 
In a letter notifying the District of the award, ASBO Executive Director John Musso said, "This award reflects your District's commitment to sound fiscal management and budgetary policies."
 
You can review: the entire  Budget Document, which includes an Executive Summary, or a one-page Financial Facts document.

District receives clean audit opinions


Brad Steele, certified public accountant and partner in the firm Westbrook & Co., P.C., presented the audit report for the fiscal year ended June 30, 2016, to the Board of Education at its Oct. 27, 2016, meeting.

The District received clean reports on its financial statements, compliance with laws and regulations, and internal control over financial reporting. Steele also complimented District staff on their preparation and cooperativeness, as well as their willingness to implement suggestions for improvement made during the audit.
Audit
Auditor's report at Board meeting

Tax rate unchanged for 13th year


Following a public hearing on Aug. 26, 2016, the Board of Education set the 2016 property tax rate for the District at $5.0397. This includes an operating levy of $3.7014 and a debt service levy of $1.3383. The District's tax levy has been at the same rate since 2004. Read more: Board meeting summaries, scroll to Aug. 25, 2016, meeting.

Responsibilities


The Finance Department includes:
  • Accounts Payable
  • Accounts Receivable
  • Finance
  • Budgeting
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Contact


Cyndee Byous, Chief Financial Officer

21005 S. School Rd.
P.O. Box 789
Peculiar, MO  64078

Ph: (816) 892-1326
Fx: (816) 892-1380

Hours


Monday - Friday
7:30 a.m. - 4 p.m.