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DM – Activity Funds and Cash in Schools

All cash collected in schools shall be receipted, accounted for and placed in a secure location prior to deposit.  All activity funds and cash in schools shall be subject to the twenty-four (24) hour deposit rule.  All activity funds shall be subject to at least an annual audit for compliance with state statute and regulation.

Administrative Position: Chief Financial Officer

Department Director: Executive Director of Accounting

References

Legal Cross Ref.:

  • §22-8-1 et. seq. NMSA 1978

Board Policy Cross Ref.:

Procedural Directive Cross Ref.:

NSBA/NEPN Classification: DM

Reviewed: June 12, 2012
Adopted: June 20, 2012

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