The Finance Department is responsible for directing the business operations of the school district. Included within these areas of responsibility are the annual audit of accounts, monitoring each category of the budget, ensuring federal, state, and grant funds are received and used according to plan and preparing monthly financial reports. The department is charged with the task of preparing and administering the annual budget at the direction of the Superintendent and the approval of the School Board.

Proviso 1.94 (Surplus Property): Anderson School District One has no qualifying district property that is available for transfer to governmental subdivisions or state agencies or for sale or lease.

To comply with Section 1.43 of Part I.B of the Appropriations Act of 2009 (Act No. 23 or 2009), Anderson School District One is posting monthly non-salary expenditures.  Act No. 23 is also referred to as School District Expenditure Transparency.  A monthly online posting of all non-salary expenditures over one hundred will be posted on this site.  In addition, a monthly posting of statements from all credit cards maintained by Anderson School District One will be posted.  The information will be accumulated and maintained for five years.

Anderson School District One is not exercising the Funding Flexibility Option.

All expenditures are paid using an accounting system with a 16 digit account structure.  An example of this account structure is 100-112-410-004-0000.  The first three digits in this account represent the Fund from which the money is being paid.  The next three are the Function or purpose for which the funds are being used.  The following set of three digits is the Object, Service or Commodity expenditure. Next is the location.  The last four digits are the modifier.  These allow for further details.  A brief explanation of these codes is listed below.  For an indepth explanation, please visit the South Carolina Department of Educational Financial Account Handbook