It is the purpose of this policy to establish financial controls for the administration of the normal, legitimate co-curricular activities of the student body organization which promote the general welfare, education, and morale of all students.

Each activity covered by this policy must be recognized by the Board of Education before monies can be collected or disbursed in the name of said activity. The Superintendent is directed to submit annually a list and brief description of the objectives, activities, and limitations of each fund prior to the start of the new fiscal year.

The Board authorizes the maintenance of student activity funds as approved by the Board.

A charitable donation may be made to an organization or individual in accordance with the Treasurer's guidelines for activity fund expenditures.

The Treasurer of the Board shall be the treasurer of the student activities fund.

The athletic fund shall consist of those programs which have student participation but not student management, including among other the following activities:

The Athletic Director shall be responsible for the administration of the athletic fund. The fund will be audited annually and will be administered under appropriate accounting controls. The books of account will include income and expenses separately for each approved athletic program.

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

Student activity funds are to be used for student related purposes only. Such funds shall not be used to purchase gifts for students or school employees.

A financial report of the condition of each student activity fund shall be submitted to the Board monthly.

R.C. 9.39, 3313.47, 3313.51, 3313.53, 3315.01, 3315.062
R.C. 3315.12, 3315.14, 3317.024, 5705.41, 5705.412
A.C. 117-2-18, 117-2-20