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802.95 Student Activities Fund

Revenue raised by students or from student activities is deposited and accounted for in the student activities fund. This revenue is the property of and is under the financial control of the board. Students may use this revenue for purposes approved by the building principal.

Whether such revenue is collected from student contributions, club dues, and special activities and/or results from admissions to special events and/or from other fund-raising activities, all funds will be under the jurisdiction of the board and under the specific control of the building principal. They will be deposited in a designated depository and will be disbursed and accounted for in accordance with instructions issued by the superintendent/designee.

It is the responsibility of the board secretary 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 a class graduates or an activity is discontinued.

Legal Reference:
Iowa Code ยงยง 11.23; 279.8

Cross Reference:
503.07 Student Fund Raising
504.06 Non-District Extracurricular Activities
801.90 Financial Accounting System
802.80 Depository of Funds

June 20, 2011

October 3, 2016
October 21, 2021

November 16, 2021