702 CASH IN SCHOOL BUILDINGS

702 CASH IN SCHOOL BUILDINGS

The amount of cash that may be kept in the school building for any one day shall be sufficient
for that day's operations. Funds raised by students shall be kept in a safe and secured area.

A minimal amount of cash shall be kept in the central administration office at the close of the
day. Excess cash shall be deposited in the authorized depository of the school district.

It shall be the responsibility of the superintendent or designee to determine the amount of cash
necessary for each day's operations and to comply with this policy.

Legal Reference:      Iowa Code § 279.8 (2013).

Cross Reference:     701.1 Depository of Funds

                                 704 Revenue

 

Approved     4/09/01                  Reviewed    8/17/2022                  Revised     11/21/16       

Jen@iowaschool… Thu, 07/11/2019 - 17:51