5310 - Bonding of Employees and School Board Members
Policy: Bonding of Employees and School Board Members | Policy Number: 5310 |
Date of Original Policy: 07/10/2002 | Date Revision Adopted: 10/14/2020 |
Reviewed by Policy Committee: 09/16/2020 | Date of Next Review: 05/22/2023 |
Replacement of Policy Number: |
In accordance with New York State Education Law and the Commissioner’s Regulations, the Jordan-Elbridge Board of Education directs that the School District Treasurer, the Tax Collector and the Internal Claims Auditor will be bonded prior to assuming their duties by a blanket undertaking.
Other school personnel and members of the Board of Education authorized or required to handle the District’s revenues may be covered by a blanket undertaking provided by the District in such amounts as approved by the Board based upon the recommendations of the Superintendent or their designee.
Education Law Sections 1709(20-a)
1720,2130 (5), 2526 and 2527
Public Officers Law Section 11 (2)
8 New York Code of Rules and Regulations (NYCRR) Section 170.2(d)