CFDA (TSBVI) - ACCOUNTING: SCHOOL ACTIVITY FUND MANAGEMEN

DEFINITION

As used in this policy, the term "school activity fund" includes moneys received by employees, students, student organizations and groups, parents and parent organizations, on behalf of:

1. Student organizations, groups, or specific student activities;
2. Parent groups affiliated with the School; or
3. The TSBVI staff as a whole.

PROCEDURES

The Superintendent shall establish procedures for the security, safeguard and management of the moneys in the School activity fund.

Such procedures shall include the requirement that all moneys received in accordance with this policy shall be deposited into the School activity fund within a reasonable amount of time after receipt.

Adopted: 3/31/98
Amended: 5/21/98
Reviewed:  3/26/02

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