John Glenn School Corporation
Administrative Guidelines
 

6610B - PROCEDURE FOR INACTIVE ACTIVITY ACCOUNTS

Prior to the termination of a student-activity organization, all funds remaining in the treasury must be disposed of in one of the following ways:

 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 Corporation 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 Corporation to use the funds in a specific manner as agreed 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 Corporation.

 D.Transferred by motion of the Board to the general student organization if none of the preceding ways has been implemented.