The NEIU fiscal department is responsible for the management of many different budgets totalling approximately 30 million dollars. The fiscal office touches, in some fashion, on every facet of the Intermediate Unit and member district operations. The various budgets are composed during the early months of the calendar year to be sent to the Department of Education by July first of each year, the start of the fiscal year.
Spending is monitored all year long to watch for the necessity of possible revisions.
Payroll operations are done by computer on a biweekly basis with necessary changes in pay or deductions administered accordingly. Billing for services to our member districts is done at monthly intervals for instructional materials service and bimonthly for special education services. Inventory records are maintained for electronic parts needed by the audio-visual and computer repair service areas of the Instructional Materials Service department. Purchasing of school and janitorial supplies is done by bid. NEIU also coordinates bulk purchasing with member districts to obtain better pricing.