The State Board of Education Policies and Procedures for Implementation of the Oklahoma Cost Accounting System (OCAS) and School Finance was presented to the Oklahoma State Board of Education during a regular meeting on March 19, 1992.These policies and procedures have been prepared to assist in the implementation for financial transactions utilizing the coding structure of the Oklahoma Cost Accounting System. The goal of the Financial Services Division of the State Department of Education is to have consistency in coding and accurate implementation of school laws and State Board regulations relating to school finance.
The rules describe the basis of funding of public schools; the duties and procedures for the financial operation of districts; and the responsibilities of the State Department of Education and individual districts in regard to securing, dispensing, reporting and accounting for school funds.
Boards of education, superintendents, business managers, encumbrance clerks, treasurers, independent auditors, and others who have the responsibility for preparation of school district budgets and the administration of school district funds must become familiar with these policies and procedures.
The following information can be found on the State Department of Education Transparency Website.
Nancy Hughes, Executive Director
Phone: (405) 521-2517
Kelly Freeman, Financial Specialist-OCAS (Counties 1-27)
Phone (405) 521-2349
Iona Martin, Financial Specialist-OCAS (Counties 28-55)
Phone: (405) 522-3272
Pam Honeysuckle, Financial Specialist-OCAS (Counties 56-77)
Phone: (405) 522-3273
Katherine Black, Financial Specialist-Auditing
Phone: (405) 521-3197
For more information contact Financial Accounting (OCAS) and Auditing, SDE, (405) 521-2517