Financial Management

Introduction

School foodservice professionals face growing pressures to operate school foodservice programs with increased efficiency, and conduct the school foodservice program not only as non-profit units, but as self-supporting units as well. It no longer is sufficient to provide a historical record of financial performance and meet budget goals; professionals must justify their performance against best practices. The Division of Food, Nutrition and Wellness' mission is to provide effective Child Nutrition Programs to Florida students through financial resources.

Information specific to public schools in Florida for food service financial accounting can be accessed at:

• Financial and Program Cost Accounting and Reporting for Florida Schools (Redbook)
• Funding for Florida School Districts  

Resources

For comprehensive manuals on school food service management, refer to the following links to the National Food Service Management Institute (NFSMI):

• Financial Management: A Course for School Food Service Directors
• First Choice: A Purchasing Systems Manual for School Food Service

Links to federal regulations on financial management requirements:

• OMB Circular A-127 Financial Management Systems
• OMB Circular A-87Cost Principles for State, Local, and Indian Tribal Governments

Additional Information:

• Claims
• CRE Instructional Video Presentation
• Reimbursement Rates
• Grants