be managed in accordance with sound business practices, including budgetary and accounting procedures. Campus and Student Activity Fund Definitions Campus Activity Funds Funds are held in trust for the student group. The money does not Funds are raised locally at the belong to the campus. school or donated to the school. The student group must be The funds belong to the campus. recognized by the school and have elected officers (not participatory The money must be expended to captains). The group must hold benefit the student body and have a meetings and take minutes. Minutes public purpose in the realm of must be approved by the group and education. The sponsor or principal signed by the club president. decides upon the use of the funds. Funds deposited and disbursed are Funds are deposited and disbursed included in 865 fund accounts. in 461 fund accounts. The group qualifies for two tax-free The campus qualifies for two tax-free sales days per CALENDAR year. sales days per CALENDAR year. Disbursements are authorized by The campus principal must approve club action. Meeting minutes disbursements. authorizing the disbursement must be attached to the request for All fundraisers, cash collection and payment and retained by the campus disbursements are subject to HCISD secretary/bookkeeper. The minutes procedures and regulations. must be signed by the club President or secretary. Upon dissolution of the club/activity, any remaining funds will be All fundraisers, cash collection and transferred to the general fund. disbursements are subject to HCISD Student Activity Funds procedures and regulations. Funds are generated by specific student groups, not by the district or The group should indicate their wish campus. for the use of any funds left after the student group disbands. 1.2 RESPONSIBILITY FOR ACTIVITY FUNDS
be managed in accordance with sound business practices, including budgetary and accounting procedures. Campus and Student Activity Fund Definitions Campus Activity Funds Funds are raised locally at the school or donated to the school. The funds belong to the campus. The money must be expended to benefit the student body and have a public purpose in the realm of education. The sponsor or principal decides upon the use of the funds. Funds are deposited and disbursed in 461 fund accounts. The campus qualifies for two tax-free sales days per CALENDAR year. The campus principal must approve disbursements. All fundraisers, cash collection and disbursements are subject to HCISD procedures and regulations. Upon dissolution of the club/activity, any remaining funds will be transferred to the general fund. Student Activity Funds Funds are generated by specific student groups, not by the district or campus. Funds are held in trust for the student group. The money does not belong to the campus. The student group must be recognized by the school and have elected officers (not participatory captains). The group must hold meetings and take minutes. Minutes must be approved by the group and signed by the club president. Funds deposited and disbursed are included in 865 fund accounts. The group qualifies for two tax-free sales days per CALENDAR year. Disbursements are authorized by club action. Meeting minutes authorizing the disbursement must be attached to the request for payment and retained by the campus secretary/bookkeeper. The minutes must be signed by the club President or secretary. All fundraisers, cash collection and disbursements are subject to HCISD procedures and regulations. The group should indicate their wish for the use of any funds left after the student group disbands. 1.2 RESPONSIBILITY FOR ACTIVITY FUNDS
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