ATHLETIC FUND

ATHLETIC FUND

po6630Adopted January 1, 2002

6630 - ATHLETIC FUND

It is the purpose of this policy to establish financial controls for the management of athletic programs and activities associated with athletics.

The athletic fund shall consist of those programs which have student participation but no student management, including the following activities:

  1. interscholastic sports

  2. cheerleaders

  3. band

  4. choir

The athletic director shall be responsible for the administration of the athletic fund. The fund will be audited annually and will be administered under appropriate accounting controls. The books of account will include income and expenses separately for each approved athletic program.

All gate receipts must be turned in to the athletic director on the day of collection and must be deposited on the day they are received if at all possible.

All payments for supplies, equipment, and services for the interscholastic athletic program will be made in accordance with established purchasing procedures of the District.

Purchase orders for goods and services purchased through the athletic fund will be approved by the athletic director or principal.

Disbursements from the athletic fund will be made by check and approved by the principal.

At the conclusion of each athletic program, the athletic director shall, within four (4) weeks, submit a complete inventory of all equipment and supplies to the principal.