Student Activity Accounts

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Student Activity Accounts
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• Funds which are owned, operated, and managed by
  organizations, clubs, or groups within the
  student body under the guidance of a staff member
  for education, recreational, or cultural purposes.

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• Student activity funds
• Convenience accounts

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Student Activity Funds

• Class Year
• Student Council
• Yearbook
• Choral or Band Groups
• Plays or Musicals
• Clubs
• Teams

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Convenience Accounts

• Flower Fund
• Employee Coffee Funds
• Retirement Party Account
• Parent/Teacher Accounts
• Booster Clubs
• Scholarships

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• The school board shall establish rules and
  regulations..

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Board Resolution

• Treasurer (Bonded)
• Depository
• Signatories

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Investments

• Checking (Depository/Signatories)
• Savings (Depository/Signatories)
• Transfers

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Investment Earnings

• Deposit to District
• Separate account benefits the maximum number
  of students
• Allocated

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Managing Accounts

• No deficits
• Loans with Board of Ed approval only
• Reconcile monthly
• Monthly reports to sponsors
• Carryover balances
• Annual audit with district

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• Student Activities Handbook

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• Cash Handling Procedures