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Depository of Funds: DG

  • Fiscal Management: D
Depository of Funds: DG
Updated

All revenue received by the school district shall be deposited in an official bank or banks as designated by the Superintendent. Such financial institutions must qualify as an eligible public depository in accordance with state law.

When moneys are issued from the custody of the county treasurer, such moneys and all other moneys belonging to the district shall be deposited by the Board Treasurer or official custodian to the approved depository accounts as designated by the Superintendent.

The Treasurer of the Board or official custodian shall comply with all requirements of state law regarding the deposit of district funds.