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6610b AdmGuide_Procedures for Inactive Activity Accounts

Prior to the termination of a student-activity organization, all funds remaining in the treasury must be disposed of in
one of the following ways:
    A. Expended by vote of the organization controlling these funds as provided for in the bylaws.
    B. Transferred to the School District for a specific and designated purpose. When the student-activity
        organization votes to dispose of funds in this manner, the following procedure will be applied: 
        The organization submits a signed statement authorizing the District to use the funds in a specific manner as
        agreed upon by the student organization.
    C. Following graduation, the unexpended, undesignated funds of the Senior Class will be for discretionary
        student use by the principal. Remaining funds shall be transferred to a "general" student activity account.
After one (1) year of inactivity, and if none of the procedures listed above have been implemented, the unexpected
funds shall, on the recommendation of the principal and the approval of the Superintendent, be transferred to the
General Fund.
Approved/Adopted:  July 13, 2009
Sharon Weinstock,
Aug 3, 2011, 11:46 AM