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Kings Canyon SD |  BP  3452.1  Business and Noninstructional Operations

Fund-Raising Protection   

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Due to the desire on the part of the District to limit financial fraud and theft of District and Student monies. The Governing Board establishes a threshold of $1,000 (one thousand dollars) for conducting Revenue Potentials. Activities generating less than $1,000 in revenues are exempt from this requirement.

K-8 Schools

Any fund-raising sponsor who expects to generate more than $1,000 in revenues or sales, must prepare a revenue potential worksheet, which must be filed with the school site principal prior to the start of the activity. Each activity shall be reviewed by the school site principal to insure that the revenue potentials of the event were met. All shortfalls over $500 must be reported in writing to the Assistant Superintendent of Business Services or his/her designee for review.

Reedley High School

Any fund-raising sponsor who expects to generate more than $1,000 in revenues or sales, must prepare a revenue potential worksheet, which must be filed with the Student Body Financial Office at Reedley High School prior to the start of the activity. Each activity shall be reviewed by the Student Body Finance Office to insure that the revenue potentials of the event were met. All shortfalls where revenue is over 10 percent short, should be reported to the Learning Director or Vice Principal at RHS in charge of Student Body Finances, in writing or by e-mail with a copy of the Revenue Potential Worksheet. All shortfalls over $500.00 need to be reported in writing or e-mailed to the Director of Fiscal Services or the Assistant Superintendent of Business Services for review.

This policy shall go into effect, 1 May, 1999.

Policy KINGS CANYON UNIFIED SCHOOL DISTRICT

adopted: April 19, 1999 Reedley, California