School activity funds are used to finance a program of student activities which supplement but do not take the place of the instructional programs provided by the Board.
Funds collected from student contributions, club dues, special activities, or that result from admissions to events or from other fundraising activities, will be under the jurisdiction of the building principal or designee. The funds will be expended to benefit students in a manner that is deemed school-related. However, to the extent that student parking fees are included in school
activity funds, the funds from all school parking fees will be disbursed to the
district’s other fund accounts. The management of the funds will be in accordance with good business practices, must follow the Student Activity Funds Procedures Manual, and will be audited in the same manner as district funds. There shall be safeguarding of all assets as well as full disclosure of the sources and uses of all funds.
Funds collected by PTO/PTA/Booster or other parent-run, fundraising activities will be under the control of that organization. Permission for the activity, management of funds, business practices and safeguarding of assets should follow the prescribed procedures.
See Regulation 2950 for prescribed procedures for Fundraising Activities.
Additional Cross References:
Policy 2950 - Fundraising
Regulation 2950 - Fundraising