702 - Cash in School Buildings
702 - Cash in School Buildings dawn@iowaschoo… Thu, 09/24/2020 - 13:58702.1 - Cash in School Buildings
702.1 - Cash in School BuildingsThe amount of cash that may be kept in the school building for any one day is sufficient for that day’s operations. Funds raised by students are kept in the locked fireproof vault or locked fireproof cabinet in the building or in the Administrative Center.
A minimal amount of cash is kept in the central administration office at the close of the day. Excess cash is deposited in the authorized depository of the school district.
It is the responsibility of the superintendent to determine the amount of cash necessary for each day’s operations and to comply with this policy.
Approved November 26, 2018
Reviewed May 17, 2023
Revised November 26, 2018