|
KBE School-Related Organizations The School Board recognizes
cooperative activities with outside school-related organizations such as The Board recognizes an
obligation to support these groups and to ensure that District personnel
participating in these organizations limit the District’s liability for
collection and disbursement of the organization’s funds. The following procedures
shall be followed by any outside school-related organization. 1. An annual audit will be completed and on file with
the Building Principal. 2. Standard accounting practices will be followed. 3. Regular financial statements will be provided to the
membership. 4. It is strongly recommended that any checks issued by
the organization require two signatures. 5. Deposits of cash should be reviewed and completed by
more than one individual. Procedures
should be developed to deposit cash as soon as possible. 6. 50/50 raffles should not be conducted by students. The Superintendent or
designee can waive the requirement for the annual audit for any small outside
school-related organization. The
Business Administrator is available to provide any organization information
on standard business practices. Adopted: |