FILE:  DJ

Cf:  DC

EXPENDITURE OF FUNDS

In accordance with statutory provisions, the Rapides Parish School Board shall direct the Superintendent to serve as treasurer for the School Board, who shall receive, hold in custody, and expend all funds as directed by the School 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 School Board funds.

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

REVIEW OF EXPENDITURES

The School Board shall review and approve (through the Finance Committee) all expenditures in the form of monthly vendor lists, or other documentary evidence that the School Board may desire, on a monthly basis.  Evidence of approval of all expenditures shall be by formal School Board action.

SCHOOL FUNDS

The principal of a school shall, as provided in the School Activity Funds Policies and Procedures Manual, and with respect to expenditures, in accordance with the policy DCCA, Resource Allocations, hold in custody, and expend all funds in accordance with proper procedures of all activities of the school for which he or she is responsible.

Ref:    La. Rev. Stat. Ann. §§17:97, 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

Board minutes, 2-6-96, 10-6-98, 4-16-02

Rapides Parish School Board