704.5 - Student Activities Fund

Revenue raised by students or from student activities shall be deposited and accounted for in the student activities fund.  These revenues are public funds and shall be under the financial control of the Board of Directors (Board).  Students may use this revenue for purposes approved by the Superintendent of Schools (Superintendent) or designee.

Whether such revenue is collected from student contributions, club dues, and special activities or result from admissions to special events or from other fund-raising activities, all funds will be under the jurisdiction of the Board and under the specific control of the Superintendent.  They will be deposited in a designated depository and will be disbursed and accounted for in accordance with guidelines developed by the Superintendent.

It shall be the responsibility of the treasurer to keep student activity accounts up-to-date and complete.

Any unencumbered class or activity account balances will automatically revert to the activity fund when the class graduates or an activity is discontinued.

 

 

Legal Reference:        
Iowa Code §§ 11.23; 279.8 (2013).

Approved:                                                      
August 9, 1999

Reviewed:
September 19, 2011

June 12, 2023

Revised:
September 18, 2000
November 14, 2016

March 13, 2023