RATIONALE/OBJECTIVE:

To be developed

RULE:

The procedure for handling athletic and concession monies in the local schools shall be according to the following:

(1) All monies derived from concessions at school-sponsored activities shall be placed in a designated school account as the principal deems appropriate. This checking account shall be maintained under the dual control of the principal and the second signature as authorized by the Comptroller. The decisions as to how this money will be spent shall be at the discretion of a committee consisting of the principal, a member of the organization working the concessions and any others the principal may deem necessary. In the event that a decision cannot be reached by the committee, the principal shall make the decision. The principal of each school shall report all receipts and expenditures to the Board of Education through the Comptroller in compliance with state law. The Comptroller shall report all receipts and expenditures of each school to the Board of Education at the completion of the annual audit.

(2) All requests from coaches or other staff members to purchase supplies or equipment must be approved by the principal.

Legal Reference: OCGA 20-2-57; 20-2-59; 20-2-962

Adopted: 9/8/71
Reclassified an Administrative Rule: 9/1/04
Reviewed: 7/74
Revised: 7/28/83; 8/8/84; 2/25/93