A.

Expended by vote of the organization controlling these funds as provided for in the bylaws.

B.

Transferred to another student-activity organization following the standard withdrawal procedure.

C.

Transferred to the School District for a specific and designated purpose. When the student-activity organization votes to dispose of funds in this manner, the following procedure will be applied:

1.

The organization submits a signed statement authorizing the District to use the funds in a specific manner as agreed upon by the student organization.

2.

The funds shall be held in a trust agency fund until the proper expenditures have been made. Any balance remaining after these expenditures will be transferred to the General Fund for use by the School District.

D.

For Class accounts, all funds must be disposed of within one (1) year of graduation through one (1) of the following options:

1.

A Class project or gift to the School District.

2.

A transfer to another student activity group.

3.

A transfer to an outside banking institution with approval of all class officers, the class advisor, and the Principal.

Funds not disposed of in one (1) of the ways listed above become the School District's funds and may be utilized as approved by the Superintendent.

E.

Transferred by motion of the Board to the General Fund if none of the preceding ways has been implemented.