2010 - Senior Class Student Funds
|Policy: Senior Class Student Funds||Policy Number: 2010|
|Date of Original Policy: 01/20/2010||Date Revision Adopted: 02/03/2021|
|Reviewed by Policy Committee: 01/13/2021||Date of Next Review: 09/17/2023|
|Replacement of Policy Number:|
At the end of the school year, it shall be the duty of the Treasurer to assemble the quarterly reports and prepare a composite report listing the financial condition of each activity for the full school year for the guidance of the Chief School Officer and the Board of Education. At this time a review is done to close any inactive extra classroom activity accounts with an unused balance for a period of time of one year. If a graduating class has an unused balance at the time of graduation, the class may wish to donate the money to other accounts; otherwise the remaining unused balance will be transferred to the general student organization. An entry is made to close the account and transfer any unused balance to the general student organization.
Regulation of the Commissioner Education Section 172