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6625 Policy_Receipt of Funds

Deposit of Local School Funds
A school or the Recreation Department shall have funds on hand for day-to-day operations. Monies on hand
exceeding the following maximum on any given work day shall be deposited at the appropriate local bank:
Elementary Schools - $300
Middle Schools - $400
High Schools - $600
Recreation Department - $500
If large sums of monies are collected that exceed the above limits and a regular deposit cannot be made, a night
depository at the bank shall be used.
The school building principal/Director of Recreation shall be responsible for having the deposits made as outlined
above and in accord with established procedures.
Approved/Adopted:  July 13, 2009
Sharon Weinstock,
Aug 8, 2011, 10:04 AM