Activity funds manual

 · Student-Activity-Fund-Manual (2).docx 3 7/6/ Collection of Funds. Sponsors or teachers collect from the students, support the amount collected by completing the Deposit Breakdown Form and other supporting documentation described below, and submitting the cash to the bookkeeper for receipt and deposit. Campus activity funds are generally made up of two separate funds, the student activity fund and the faculty activity fund. The student activity fund contains monies raised by or . The Activity Fund is designed to account for funds held by a school in a trusteecapacity or as an agent for students, club organizations, faculty and the general administration of the school. These funds are generally from the collection of student fees, vending commissions, donations, fundraising activities, and various other sources.

To determine if an activity should be reported in a fiduciary custodial fund see BARS Manual , Determining Fiduciary Activities to be Reported in Custodial Funds. If activity is determined to be fiduciary, the funds should be reviewed for trust arrangements and equivalents. proper administration of student activity funds and provide the standard operating policies, procedures and guidelines for school activity funds. The manual is based upon both state and local polices for Bedford County Public Schools. II. AUTHORITY The authority for the Bedford County School Board to establish and operate school activity funds is. Policies relating to student and district activity funds shall be in writing and provided to all students, faculty and staff involved with student activity funds. This chapter of the UFARS manual governs student activity accounting per Minnesota Statutes, sectionB and Minnesota Rule , Subdivision 5.

Student-Activity-Fund-Manual (2).docx 3 7/6/ Collection of Funds. Sponsors or teachers collect from the students, support the amount collected by completing the Deposit Breakdown Form and other supporting documentation described below, and submitting the cash to the bookkeeper for receipt and deposit. This manual outlines the policies and procedures pertaining to the school Principal’s use of the Student Activity Agency Fund to enable a robust slate of student activities across the district and safeguard monies raised in support. Guidelines and procedures for the expenditure of District and campus activity funds are detailed in the Financial Information Resource Manual (FIRM). Expenditures must conform to the District’s educational purpose and provide a commensurate benefit to the District or its students through one or more of the following standards.