D.C. Mun. Regs. tit. 5, r. 5-E911
The Board of Trustees shall be fiduciaries of the school, shall set overall policy for the school, and may make final decisions on matters related to the operations of the school, consistent with the charter granted to the school, the D.C. School Reform Act of 1995, as amended, and other applicable laws.
While it is recognized that the Board of Trustees will not perform day-to-day fiscal management functions, the Board of Trustees is accountable for the public charter school's utilization of sound fiscal management practices and adherence to generally accepted accounting principles.
Should the Trustees elect to contract with a management company, the Trustees will adhere to the contracting requirements of the D.C. School Reform Act of 1995, as amended, section 2204(c).
D.C. Mun. Regs. tit. 5, r. 5-E911