The Board of Education directs the establishment of a school fund for the financial administration of food service, athletics, community pool, and book store activities operated for the benefit of students and duly approved by the Board.

The Superintendent shall be responsible for the administration of the school fund. The fund will be audited annually and will be administered under appropriate accounting controls. The books of account will record income and expenses separately for each approved activity.

Procedures shall be established for the regular deposit of monies collected. The Board will not be responsible for monies remaining in the schools overnight.

All payments for supplies, equipment, and services for the co-curricular program will be made in accordance with established purchasing procedures of the District.

Revised 9/18/00