Revenues of the District are received by the Board Treasurer. Other persons receiving revenues on behalf of the District will promptly turn them over to the Board Treasurer.
Revenue, from whatever source, is accounted for and classified under the official accounting system of the District. It is the responsibility of the Board Treasurer to deposit the revenues received by the District in a timely manner. District funds from all sources will not be used for private gain or political purposes.
Tuition fees received by the District are deposited in the general fund. The tuition fees for kindergarten through twelfth grade during the regular academic school year are set by the Board based upon the Superintendent's recommendation in compliance with the law. Tuition fees for summer school, driver's education, and adult education are set by the Board prior to the offering of the programs.
The Board may charge materials fees for the use or purchase of educational materials. Materials fees received by the District are deposited in the general fund. It is the responsibility of the Superintendent to recommend to the Board when materials fees will be charged and the amount of the materials fees.
Rental fees received by the District for the rental of District equipment or facilities are deposited in the general fund. It is the responsibility of the Superintendent to recommend to the Board a fee schedule for renting District property.
Proceeds from the sale or disposition of real property are placed in the fund which was used to account for the acquisition of the property. If the District is unable to determine which fund was used to account for the acquisition of the property or if the fund no longer exists in the District, the proceeds from the sale or disposition of real property are placed in the physical plant and equipment levy fund. The proceeds from the sale or disposition of other District property are placed in the general fund.
The Board may claim exemption from the law prohibiting competition with private enterprise for the following activities:
- Goods and services directly and reasonably related to the educational mission;
- Goods and services offered only to students, employees or guests which cannot be provided by private enterprise at the same or lower cost;
- Use of vehicles for charter trips offered to the public, full- or part-time, or temporary students;
- Goods and services which are not otherwise available in the quantity or quality required by the District;
- Telecommunications other than radio or television stations;
- Sponsoring or providing facilities for fitness and recreation;
- Food service and sales; and,
- Sale of books, records, audios, software, educational equipment, and supplies.
It is the responsibility of the Superintendent to bring to the Board's attention additional sources of revenue for the District.
REVIEWED: 11/18/2019 - APPROVED 12/03/2019