Section 10-009.  Handling of School Activity Funds
All funds raised by any school organization through any school activities of the group is school money and not the property of the individuals of that group.  All funds so raised must be spent in accordance with school regulations and the approval of the group sponsors and the administration.  Such approval and regulations shall be subject to policy adopted by the Board of Education of Unified School District No. 263 and any question of policy may be referred to the Superintendent of Schools.  The following general regulations shall apply to all Activity Funds:

A.                 All funds raised by any organization of the school shall be deposited in the Activity Fund and shall be paid out on approval of group sponsors and officers, in accordance with approved school policy subject to the approval of the school administration.  Each organization treasurer shall keep an accurate accounting of all school funds and may ask the treasurer of the Activity Fund for a statement of his account.  In all cases the books of the treasurer of the organization should show all receipts and expenditures.

B.                 Funds raised by school organizations by group activity may not be spent for personal entertainment of the members of that group except where these funds were raised for specified purposes such as Junior-Senior Banquet, etc., where approval is given by the school administration for the fund raising activity and the expenditure.  (This is not to be interpreted as including assessments made on members for entertainment purposes.)

C.                 Gifts may not be made by any school organization from funds raised by any such school activity to any individual or organization outside the school.  Gifts to sponsors, play coaches, etc., within the school should be limited to nominal sums (it is suggested that gifts should be kept under $10.00 in all cases).  Classes, such as the Senior Class, may indicate their preference for a gift or disposition of any funds they may have left at the close of their senior year subject to the approval of the appropriate school principal.  The reason for such approval being required is that money will not be wasted or used to purchase items that will not be of value to the school.

D.                 If funds are left by any organization without agreement as to their disposition they will become the property of the school and must be spent for school purposes that will benefit the school groups in general.