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Financial Monitoring to Be Carried Out in Yerevan Comp. Schools

FINANCIAL MONITORING TO BE CARRIED OUT IN YEREVAN COMPREHENSIVE
SCHOOLS THIS YEAR

YEREVAN, APRIL 12, NOYAN TAPAN. A financial monitoring will be carried
out in Yerevan comprehensive schools this year. The monitoring will
contribute to correct realization of school budget, as well as
solution of financial problems emerging during a schoolyear. Kamo
Areyan, Deputy Yerevan Mayor, reported during the April 11 press
conference that the order of implementation of the internal audit of
comprehensive schools this year was also approved. According to the
Deputy Mayor, this will lead to the certain financial independence of
schools excluding inappropriate administrative interference from
without as far as possible. It was mentioned that at present the
expenditures and incomes of Yerevan schools for 2005 are being
approved. This year 8.6 bln drams (about 19 mln dollars) was allocated
from the state budget to the Yerevan educational system, from which
school budgets are formed. K.Areyan said that unlike the previous
years school headmasters also immediately participate in the process
of formation of school budgets this year.

Vasilian Manouk:
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