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3450 Monies in School Buildings
Section:
3000 Business
Policy Name:
Monies in School Buildings
Policy Number:
3450
Date Approved:
10/10/2003
Last Revised:
10/12/2004
Monies in School Buildings
Monies collected by school district personnel and student organizations shall be handled in a manner consistent with acceptable business practice. A school activity fund shall handle the finances of school organizations, programs provided by the Board of Education, and donations or gifts.
The Director of Finance and Operations or designee shall serve as treasurer of school activity funds. Such treasurer shall be bonded and shall keep accurate records of the separate accounts within the school activity fund. School activity funds shall remain in the name of the respective schools and organizations.
Legal Reference: Connecticut General Statutes:
§ 10-237 School Activity Funds