3005 School Activities Fund

3005 School Activities Fund

The superintendent of schools shall establish an activities fund account to be used to finance the operations of student organizations, inter-school athletics, and other school activities that are not a part of any other fund.  All transactions related to the activities fund shall be conducted through an account at a board-approved depository. 

The superintendent or his/her designee shall manage the activities fund and serve as its treasurer.  The superintendent may divide the activities fund into more than one account to allocate portions of the fund for different purposes.

Funds in an activity’s account after the activity ceases to exist shall be transferred to the general fund or such other fund as the board may choose.

As school activities are a responsibility of the school district, any deficit in the activity fund shall be paid from the general fund. 

 

Adopted on: December 10, 2012

Revised on: _________________________

Reviewed on: ________________________