3005 School Activities Fund

3005 School Activities Fund

The superintendent of schools shall establish an activities fund account to be used to finance the operations of student organizations, inter-school athletics, and other school activities that are not a part of any other fund.  The school activities fund is a school district account.  All transactions related to the activities fund shall be conducted through an account at a board-approved depository. 

The superintendent shall manage the activities fund and serve as its treasurer.  The superintendent may divide the activities fund into more than one account to allocate portions of the fund for different purposes.

Funds in an activity’s account after the activity ceases to exist shall be transferred to the general fund or such other fund as the board may choose.  Funds left in a graduating class’s account may be transferred into any other school account at any time after graduation upon board approval.

As school activities are a responsibility of the school district, any deficit in the activity fund shall be paid from the general fund. 

Adopted on: December 10, 2012
Revised on: November 13, 2017
Reviewed on: ________________________