FILE:  DJ

Cf:   DC

EXPENDITURE OF FUNDS

The Monroe City School Board shall direct, in accordance with statutory provisions, the Superintendent to serve as treasurer for the School Board.  As treasure, he/she shall receive, hold in custody, and expend all funds as directed by the Board and in conformance with statutory accounting and budgetary requirements.   The Superintendent shall also maintain pertinent regulations and procedures to assure the proper expending of Board funds.  

No expenditure of funds shall be made where the expenditure would be more than revenues available, unless approved by the Board.

SCHOOL FUNDS

The principal of a school shall, as provided in the School Activity Fund’s Policies and Procedures Manual, receive, hold in custody, and expend all funds of all activities of the school for which he or she is responsible.   All purchases by the school shall be made or approved by the principal or by a person authorized in writing by the principal.

Ref:     La. Rev. Stat. Ann. §§17:81, 17:97, 17:89, 39:1301, 39:1302, 39:1303, 39:1304, 39:1305, 39:1306, 39:1307, 39:1308, 39:1309, 39:1310, 39:1311, 39:1312, 39:1313, 39:1314

Monroe City School Board