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504.10 Student Activites Fund

STUDENT ACTIVITIES FUND
 
Collection of any funds for school activities must have the recommendation of the building principal and the approval of the superintendent. Revenue raised by students or from student activities shall be deposited and accounted for in the student activities fund.  This revenue is the property of and shall be under the financial control of the board.  Students may use this revenue for purposes approved by the building principal.
 
Whether such revenue is collected from student contributions, club dues, and special activities or result from admissions to special events or from other fund-raising activities, all funds will be under the jurisdiction of the board and under the specific control of the building principal.  They will be deposited in a designated depository and will be disbursed and accounted for in accordance with instructions issued by the superintendent.
 
It shall be the responsibility of each building secretary to keep student activity accounts up-to-date and complete for their building.
 
Any unencumbered class or activity account balances will automatically revert to the general fund activity fund of the school when a class graduates or an activity is discontinued.
 
Legal References:          Iowa Administrative Code 3.3(3)
Iowa code §§ 11.23; 279.8 (1997)
                                   
Cross References:          504       Student Activities
 
Previously Code No.  505.2
 
Adopted:  November 11, 1985              
 
Reviewed:  January 20, 2003       
September 2006
December 17, 2012
 
Revised: November 16, 1998