Board Policy 3420
Student Activity Fund
A student Activity Fund shall be established at each school under the direction of the Principal of the school.
The Superintendent or designee and Principal of the school shall be responsible for the proper administration of each student activity fund in accordance with the provisions of State law and the appropriate accounting practices and procedures.
Student Activity funds shall be expended only for purposes which benefit the student body of the school. Unless otherwise instructed by the Board, a student activity fund’s balance will carry over to the next fiscal year. An account containing student activity funds that is inactive for 12 consecutive months shall be closed and its funds transferred to another student activity fund or authorized fund with a similar purpose.