Student Activities Funds Management

All student activity funds or general funds held by the schools, including all funds for athletics, shall be 

strictly accounted for by each principal in the following manner:

1.     Each principal shall be required to maintain the necessary books to show adequately the income and disbursement of the various school accounts;

2.     All funds shall be kept in the general account administered by the principal; and

3.    Any remaining funds in the treasury of a graduating class shall become the property of the School  Department’s scholarship fund.

An annual statement of accounts shall be issued in January and June to the administration and then to the School Committee. The general school activity account at the secondary level should be audited at least once a year.

Cross Reference: JJE - Student Fundraising Activities
Adopted: Prior to 1982
Revised: June 8, 1992; November 8, 2018