District Departments » Finance » Budget and Finance

Budget and Finance

Director of Finance
Phillip Storm, CFO

Phone: (918) 272-8109
Business Office FAX:  (918) 272-8111
Payroll/Personnel FAX:  (918) 274-1903

The budget and finance office is located in the Ram Academy, 202 E. Broadway, while our new building is under construction.  Our mailing address will continue to be 1501 N. Ash during the interim.  Our office hours are from 8:00 a.m. to 4:00 p.m. 

Our office is responsible for district-wide budgeting, accounting, payroll, and activity account functions.  We provide monthly reports to the Board of Education, various annual reports to the State Department of Education, and periodic reports and statistics to the district administration for internal review and analysis.  The finance department is required to comply with all applicable state and federal laws, Board policies, and governmental accounting standards.

Annual financial statements are prepared in conformity with the accounting and reporting regulations prescribed or permitted by the Oklahoma Department of Education, which is a comprehensive basis of accounting other than generally accepted accounting principles.  A summary financial statement is posted outside the service center and at the local library.  Accounting data is recorded and maintained in accordance with the Oklahoma Cost Accounting System (OCAS).  

Each year Owasso Public Schools is audited by an independent auditing firm.  The audit is performed to determine the accuracy of the district's annual financial statements as well as its compliance with applicable laws, regulations, and internal accounting controls.  Copies of the audit report are available upon request.

Support Staff
 
Sheryl Mansard                                                                                  
Assistant Treasurer                                             
(918) 272-8112                                                      
                          
Encumbrance Clerk
(918) 272-8117
 
Activity Fund Custodian
(918) 272-8013