Collection of any funds for school activities must have the approval of the superintendent [or designee] and the recommendation of the building principal. All such funds will be under the financial control of the school board.
Records and procedures relating to internal accounts will be in accordance with those found in Uniform Financial Accounting for Iowa Schools published by the Department of Education.
An audit of these accounts will be made at the same time as the annual audit of school funds.
Reviewed: 4/12; 7/13; 10/14; 11/17; 12/20