Butte School District
Financial Management
7425
Extra- and Co-Curricular Funds
The Board is responsible for the establishment and management of student extra- and co-curricular funds. The purpose of student extra- and co-curricular funds shall be to account for revenues and disbursements of those funds raised by students through recognized student body organizations and activities. The funds shall be deposited and expended by check, in a bank account maintained by the District for student extra- and co-curricular funds. The use of the student extra- and co-curricular funds is limited to the benefit of the students. Students shall be involved in the decision-making process related to the use of the funds.
The Board shall follow the Guideline to Student Activity Funding Accounting in establishing accounting procedures for administration of the student extra- and co-curricular funds and appoint a fund administrator.
Specific procedures are available in the office of the clerk.
Legal Reference:
§2-7-503, MCA Financial reports and audits of local government entities
§20-9-504, MCA Extracurricular fund for pupil functions
Policy History:
Adopted on: 10/18/04
Revised on:
- 7000 - Goals
- 7110 - Budget & Program Planning
- 7121 - Budget Adjustments
- 7210 - Revenues
- 7220 - Use of Federal Title I Funds
- 7225- Crowdfunding Proposals (opens in new window)
- 7251 - Disposal of School Property Without a Vote
- 7260 - Endowments, Gifts & Investments
- 7301 - Travel Authorization (opens in new window)
- 7310 - Budget Implementation & Execution
- 7320 - Purchasing
- 7325 - Accounting System Design
- 7326 - Documentation & Approval of Claims
- 7329 - Petty Cash Funds
- 7332 - Advertising in Schools/Revenue Enhancement
- 7335 - Personal Reimbursements
- 7336 - Travel Allowances & Expenses
- 7400 Credit/Procurement Card Use
- 7410 - Fund Accounting System
- 7425 - Extra- and Co-Curricular Funds
- 7430 - Financial Reporting & Audits
- 7500 - Property Records
- 7500F Property Records
- 7500P - Property Records
- 7510 - Capitalization Policy for Fixed Assets
- 7515 - Financial Management
- 7520 - Independent Investment Accounts
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