Nevada Revised Statutes Title 34. Education § 387.622. Financial management principles and areas for review; additional review by consultant authorized

(a) Establishes and carries out policies, procedures and internal controls to process business transactions efficiently;

(b) Uses cost-efficient measures to assess operations on a regular basis;

(c) Carries out measures to improve services and reduce costs;

(d) Maximizes the efficiency of money expended for public schools and ensures that resources are safeguarded;

(e) Structures its organization and staff in a manner that provides efficiency and excellence in the delivery of a public education;

(f) Establishes benchmarks for productivity and performance;

(g) Makes financial planning and budgeting decisions in a manner that is linked to the priorities of the school district, including, without limitation, the performance of pupils;

(h) Uses options for financing debt in a manner that provides for maximum efficiency;

(i) Invests proceeds from bonds and operating resources to earn an appropriate and comparable rate of return; and

(j) Uses debt management and investment policies in a manner that is representative of current market and risk profiles.

(a) Financial management;

(b) Facilities management, including, without limitation, the plan for funding the rebuilding of older schools and the programs of preventative maintenance;

(c) Personnel management;

(d) District organization, including, without limitation, an evaluation of the efficiency and cost-effectiveness of the management structure of the school district to identify possible measures for cost-savings;

(e) Employee health plans and health plans for retired employees;

(f) Transportation, including, without limitation, an evaluation of whether the school district ensures the safe and efficient transportation of pupils;

(g) Alignment with the needs and expectations of the public, including, without limitation, surveys of the residents of the community;

(h) Effective delivery of educational services and programs; and

(i) Any other area that, in the professional judgment and expertise of the consultant, warrants a review based upon the management principles.

(a) Review the manner by which decisions were made concerning the use of that money;

(b) Review the use of that money by the school; and

(c) Track the expenditures made with that money.