Students 135         STUDENT ACTIVITIES FUND MANAGEMENT

 

The Principal of the school shall be responsible for the proper administration of the financial activities of the student activities fund in accordance with state law and appropriate accounting practices and procedures.  All monies collected shall be deposited to the student body activities account at local banks.  All payments made from the student activities account shall have approval of the Principal or his/her designee.

 

Monies raised by student organizations or class activities must be expended for the benefit of students.

 

Quarterly reports shall be provided to the Business Administrator or his/her designee.  Student activity accounts are subject to auditing at any time by the Business Administrator or his/her designee.

 

These accounts shall be audited annually.

 

The Superintendent shall draft regulations/procedures for the implementation of this policy.

 

 

 

References:

 

NHSBA Code JJF

 

 

Revised from 12/10/01

First Reading Coordination Committee: 1/14/09

Second Reading Coordination Committee: 5/13/09

Third Reading and Adoption by BOSC: 6/8/09