District

Code: DJ-AR

Revised/Reviewed: 7/15/10

DJ-AR: Expenditure of District Funds for Meals, Refreshments and Gifts

Code: DJ

Adopted: 1/04/07

Revised/Readopted: 7/15/10; 7/13/16; 12/15/21

Orig. Code: DJ

Code: DIE

Adopted: 3/09/11

Revised/Readopted: 6/14/17

An audit of all district accounts will be made annually by an accountant selected by the board from the roster of authorized municipal accountants maintained by the Oregon Board of Accountancy. The audit examination will be conducted in accordance with minimum auditing standards established by the Secretary of State.

Code: DID

Adopted: 7/15/10

The district will maintain an inventory of all fixed assets in accordance with governmental accounting standards. The district’s inventory will be updated annually to include property newly purchased and disposed.

Code: DIC

Adopted: 7/15/10

The board will receive a monthly financial reports that include estimates of expenditures for the general fund in comparison to budget appropriations, actual receipts in comparison to budget estimates and the district’s overall cash condition. Supplementary reports on other funds or accounts will be furnished upon request of the board or superintendent.

Code: DIBA

Adopted: 7/15/10

The board recognizes that the district incurs certain losses not covered by insurance policies; therefore, an insurance reserve fund will be established. The fund will cover, but is not limited to, the following incidents:

Code: DI

Adopted: 7/15/10

Accounting procedures shall show a detailed and meaningful analysis of both receipts and expenditures. This analysis should be adequate for study and evaluation by the board and school management, and will serve as a basis to make financial and related educational decisions, to formulate future plans, to safeguard public funds and to ensure adequate financial accountability.

Code: DH

Adopted: 7/15/10

Readopted: 8/14/13

Code: DG

Adopted: 7/15/10

The board will, at its annual organizational meeting following July 1, or at other times deemed necessary by the board, designate one or more banks which meet district, state and federal guidelines as official depositories for district funds.

END OF POLICY

Legal Reference(s):

ORS 294.805 - 294.895

Code: DFG

Adopted: 7/15/10

Certain professional technical activities allow students to charge the public for goods and services. These activities are designed for educational purposes and not to compete with community businesses.

Charges for work performed and goods sold through these activities will be kept current with costs for the service or item.

Money collected will be deposited in the student body fund account.

END OF POLICY