1. LISD LISD CAMPUS AND STUDENT FUNDS

2. CAMPUS FUNDS DEFINED RAISED AT A CAMPUS, RAISED AT A CAMPUS, MANAGED BY THE PRINCIPAL OR OTHER ADMINISTRATOR MANAGED BY THE PRINCIPAL OR OTHER ADMINISTRATOR USED TO SUPPLEMENT BUDGETED DISTRICT FUNDS USED TO SUPPLEMENT BUDGETED DISTRICT FUNDS SHOULD NOT BENEFIT AN INDIVIDUAL OR NON-STUDENT GROUP SHOULD NOT BENEFIT AN INDIVIDUAL OR NON-STUDENT GROUP

3. STUDENT FUNDS DEFINED MONEY RECEIVED OR HELD BY THE SCHOOL AS TRUSTEE MONEY RECEIVED OR HELD BY THE SCHOOL AS TRUSTEE RAISED BY INDIVIDUAL STUDENT GROUPS RAISED BY INDIVIDUAL STUDENT GROUPS DISBURSEMENTS CONTROLLED BY STUDENT GROUPS DISBURSEMENTS CONTROLLED BY STUDENT GROUPS MUST BE USED FOR DIRECT BENEFIT OF STUDENTS OR THE GENERAL BENEFIT OF THE SCHOOL MUST BE USED FOR DIRECT BENEFIT OF STUDENTS OR THE GENERAL BENEFIT OF THE SCHOOL

4. BASIC RECORDS Approval and FUND RAISER REPORT Approval and FUND RAISER REPORT CHECK REQUEST FORMS CHECK REQUEST FORMS CASH RECEIPTS & DISBURSEMENT JOURNAL CASH RECEIPTS & DISBURSEMENT JOURNAL SUBSIDIARY JOURNALS SUBSIDIARY JOURNALS CASH RECEIPT VOUCHER CASH RECEIPT VOUCHER CASH RECEIPT BOOK CASH RECEIPT BOOK DEPOSIT LOG DEPOSIT LOG BANK RECONCILIATION BANK RECONCILIATION MONTHLY ACTIVITY STATEMENT MONTHLY ACTIVITY STATEMENT

5. CAMPUS FUND ACTIVITY FY 2001-2002 Campus Accounts Campus Accounts –Total revenues $726,320 –Total expenditures $725,420 Students Account Students Account –Total revenues $1,465,203 –Total expenditures $1,464,814

6. BANK RECONCILIATION MUST RECONCILE THE MONTHLY ACTIVITY STATEMENT TO THE BANK BALANCE. MUST RECONCILE THE MONTHLY ACTIVITY STATEMENT TO THE BANK BALANCE. RECONCILIATION FORM MUST BE COMPLETED MONTHLY (CAMPUS & STUDENT FUND MANUAL PAGE A-1) RECONCILIATION FORM MUST BE COMPLETED MONTHLY (CAMPUS & STUDENT FUND MANUAL PAGE A-1) THE BANK RECONCILIATION MUST BE SIGNED BY THE PRINCIPAL AND THE PREPARER. THE BANK RECONCILIATION MUST BE SIGNED BY THE PRINCIPAL AND THE PREPARER.

7. MONTHLY ACTIVITY STATEMENT A REPORT SHOWING THE BEGINNING BALANCES, RECEIPTS, AND DISBURSEMENTS. A REPORT SHOWING THE BEGINNING BALANCES, RECEIPTS, AND DISBURSEMENTS. MUST BE SIGNED BY THE PRINCIPAL & THE PREPARER. MUST BE SIGNED BY THE PRINCIPAL & THE PREPARER.

8. CASH RECEIPTS & DISBURSEMENTS JOURNAL A JOURNAL OR RECORD OF EACH CHECK WRITTEN AND EACH DEPOSIT MADE A JOURNAL OR RECORD OF EACH CHECK WRITTEN AND EACH DEPOSIT MADE

9. SUBSIDIARY JOURNAL A JOURNAL WHICH LISTS THE CHECKS AND DEPOSITS OF A PARTICULAR SUBACCOUNT A JOURNAL WHICH LISTS THE CHECKS AND DEPOSITS OF A PARTICULAR SUBACCOUNT

10. CHECK REQUEST FORM USED TO DOCUMENT AUTHORIZATION TO RELEASE A CHECK. USED TO DOCUMENT AUTHORIZATION TO RELEASE A CHECK.

11. CASH RECEIPT VOUCHER A RECORD OF A DEPOSIT GIVEN TO THE BOOKKEEPER BY A FACULTY SPONSOR A RECORD OF A DEPOSIT GIVEN TO THE BOOKKEEPER BY A FACULTY SPONSOR

12. CASH RECEIPT BOOKS PRE-NUMBERED RECEIPT BOOKS, WHICH ARE USED BY THE BOOKKEEPER TO DOCUMENT ALL MONEY TURNED INTO THE OFFICE. PRE-NUMBERED RECEIPT BOOKS, WHICH ARE USED BY THE BOOKKEEPER TO DOCUMENT ALL MONEY TURNED INTO THE OFFICE.

13. DEPOSIT LOG A LIST MAINTAINED BY THE BOOKKEEPERS TO DOCUMENT ALL DEPOSITS MADE TO THE BANK. A LIST MAINTAINED BY THE BOOKKEEPERS TO DOCUMENT ALL DEPOSITS MADE TO THE BANK.

14. FUNDRAISER REPORT A REPORT USED TO DOCUMENT ALL FUND RAISING ACTIVITIES. A REPORT USED TO DOCUMENT ALL FUND RAISING ACTIVITIES.

15. BANK ACCOUNTS ALL FUNDS RECEIVED MUST BE DEPOSITED TO THE BANK ACCOUNT(S). ALL FUNDS RECEIVED MUST BE DEPOSITED TO THE BANK ACCOUNT(S). ALL DISBURSEMENTS WILL BE MADE BY CHECK FROM THE BANK ACCOUNT(S). ALL DISBURSEMENTS WILL BE MADE BY CHECK FROM THE BANK ACCOUNT(S). EACH BANK ACCOUNT SHALL HAVE AT LEAST 2 AUTHORIZED CHECK SIGNERS ONE OF WHOM WILL BE THE PRINCIPAL. EACH BANK ACCOUNT SHALL HAVE AT LEAST 2 AUTHORIZED CHECK SIGNERS ONE OF WHOM WILL BE THE PRINCIPAL. PARA-PROFESSIONALS WILL NOT HAVE AUTHORITY TO SIGN. PARA-PROFESSIONALS WILL NOT HAVE AUTHORITY TO SIGN.

16. BANK ACCOUNTS cont. CHECKS MUST BE MANUALLY SIGNED AND CHECKS WILL NOT BE PRE-SIGNED CHECKS MUST BE MANUALLY SIGNED AND CHECKS WILL NOT BE PRE-SIGNED BANK RECONCILIATIONSARE DUE BY THE 15TH WORKING DAY OF THE SUBSEQUENT MONTH. BANK RECONCILIATIONSARE DUE BY THE 15TH WORKING DAY OF THE SUBSEQUENT MONTH. STUDENT ACTIVITY FUNDS AND CAMPUS FUNDS ARE ACCOUNTED FOR SEPARATELY AND ARE KEPT IN SEPARATE BANK ACCOUNTS. STUDENT ACTIVITY FUNDS AND CAMPUS FUNDS ARE ACCOUNTED FOR SEPARATELY AND ARE KEPT IN SEPARATE BANK ACCOUNTS.

17. PAYMENTS FROM THE STUDENT ACTIVITY & CAMPUS ACCOUNTS ALL EXPENDITURES SHALL BE PAID BY CHECK ALL EXPENDITURES SHALL BE PAID BY CHECK CHECKS SHALL BE USED IN NUMERICAL SEQUENCE CHECKS SHALL BE USED IN NUMERICAL SEQUENCE CHECKS WILL BE MADE TO A SPECIFIC COMPANY OR ORGANIZATION NOT TO CASH OR THE SCHOOL CHECKS WILL BE MADE TO A SPECIFIC COMPANY OR ORGANIZATION NOT TO CASH OR THE SCHOOL VOIDED CHECKS WILL BE MARKED “VOIDED” & THE SIGNATURE LINE WILL BE CUT-OFF. VOIDED CHECKS WILL BE MARKED “VOIDED” & THE SIGNATURE LINE WILL BE CUT-OFF. FUNDS HELD FOR EITHER STUDENT OR CAMPUS ACCOUNT MAY NOT BE USED TO CASH CHECKS. FUNDS HELD FOR EITHER STUDENT OR CAMPUS ACCOUNT MAY NOT BE USED TO CASH CHECKS. PURCHASES OF A PERSONAL NATURE SHALL NOT BE COMMINGLED WITH PURCHASES FOR DISTRICT USE. PURCHASES OF A PERSONAL NATURE SHALL NOT BE COMMINGLED WITH PURCHASES FOR DISTRICT USE.

18. CHECK REQUEST FORM SERVES AS WRITTEN AUTHORIZATION TO WRITE A CHECK PROVIDES AUTHORIZATION FOR THE EXPENDITURE. PROVIDES AUTHORIZATION FOR THE EXPENDITURE. DOCUMENTS THE PURPOSE OF THE EXPENDITURE. DOCUMENTS THE PURPOSE OF THE EXPENDITURE. USED TO IDENTIFY THE SUB-ACCOUNT TO BE CHARGED USED TO IDENTIFY THE SUB-ACCOUNT TO BE CHARGED USED TO VERIFY THAT THERE ARE ADEQUATE FUNDS IN THE SUB-ACCOUNT TO COVER THE CHECK. USED TO VERIFY THAT THERE ARE ADEQUATE FUNDS IN THE SUB-ACCOUNT TO COVER THE CHECK.

19. ADDITIONAL DOCUMENTATION AN INVOICE PRESENTED WITH THE CHECK REQUEST FORM. AN INVOICE PRESENTED WITH THE CHECK REQUEST FORM. A COPY OF AN ORDER FORM MAY BE USED WHEN AN ORDER IS PLACED AND PAID IN ADVANCE. A COPY OF AN ORDER FORM MAY BE USED WHEN AN ORDER IS PLACED AND PAID IN ADVANCE. MONEY DISTRIBUTED TO STUDENTS FOR OUT OF TOWN TRIPS MAY BE DOCUMENTED BY STUDENT SIGNATURES ON A SHEET OF PAPER INDICATING THE DATE AND AMOUNT EACH STUDENT RECEIVED. MONEY DISTRIBUTED TO STUDENTS FOR OUT OF TOWN TRIPS MAY BE DOCUMENTED BY STUDENT SIGNATURES ON A SHEET OF PAPER INDICATING THE DATE AND AMOUNT EACH STUDENT RECEIVED.

20. ADDITIONAL DOCUMENTATION – Cont’d IN CASES WHERE PARTIAL PAYMENT IS MADE BY LISD THE ORIGINAL INVOICE MUST BE SUBMITTED TO THE ACCOUNTS PAYABLE DIVISION. A COPY SHOULD BE KEPT BY THE CAMPUS INDICATING THE ORIGINAL WAS FORWARDED TO ACCOUNTS PAYABLE. IN CASES WHERE PARTIAL PAYMENT IS MADE BY LISD THE ORIGINAL INVOICE MUST BE SUBMITTED TO THE ACCOUNTS PAYABLE DIVISION. A COPY SHOULD BE KEPT BY THE CAMPUS INDICATING THE ORIGINAL WAS FORWARDED TO ACCOUNTS PAYABLE. TEACHERS OR OTHER EMPLOYEES WHO EXPECT TO BE REIMBURSED BY THE CAMPUS OR STUDENT ACTIVITY ACCOUNT, FOR PURCHASES THEY MAKE ON BEHALF OF THE SCHOOL OR STUDENT GROUP, MUST BE SURE THE EXPENDITURE IS APPROVED IN ADVANCE USING A CHECK REQUEST FORM SIGNED BY THE PRINCIPAL. TEACHERS OR OTHER EMPLOYEES WHO EXPECT TO BE REIMBURSED BY THE CAMPUS OR STUDENT ACTIVITY ACCOUNT, FOR PURCHASES THEY MAKE ON BEHALF OF THE SCHOOL OR STUDENT GROUP, MUST BE SURE THE EXPENDITURE IS APPROVED IN ADVANCE USING A CHECK REQUEST FORM SIGNED BY THE PRINCIPAL.

21. ADDITIONAL DOCUMENTATION – Cont’d WHEN A PURCHASE IS TO BE MADE FROM A LOCAL VENDOR AND THE AMOUNT IS NOT KNOWN IN ADVANCE. WHEN A PURCHASE IS TO BE MADE FROM A LOCAL VENDOR AND THE AMOUNT IS NOT KNOWN IN ADVANCE. AN ESTIMATE OF THE AMOUNT NEEDED MUST BE MADE AND A CHECK MUST BE ISSUED IN THAT AMOUNT. AN ESTIMATE OF THE AMOUNT NEEDED MUST BE MADE AND A CHECK MUST BE ISSUED IN THAT AMOUNT. ONCE THE PURCHASE HAS BEEN MADE THE RECEIPT MUST BE RETURNED AND THE OVERAGE OR SHORTAGE MUST BE SETTLED. ONCE THE PURCHASE HAS BEEN MADE THE RECEIPT MUST BE RETURNED AND THE OVERAGE OR SHORTAGE MUST BE SETTLED. OVERAGES SHOULD BE RETURNED TO THE BOOKKEEPPER AND SHORTAGES MUST BE REIMBURSED TO THE EMPLOYEE TRANSACTING THE PURCHASE. OVERAGES SHOULD BE RETURNED TO THE BOOKKEEPPER AND SHORTAGES MUST BE REIMBURSED TO THE EMPLOYEE TRANSACTING THE PURCHASE.

22. VOIDING OUTSTANDING CHECKS LOST CHECK – USE STOP PAYMENT ORDER IF CHECK AMOUNT IS GREATER THAN STOP PAYMENT FEE. LOST CHECK – USE STOP PAYMENT ORDER IF CHECK AMOUNT IS GREATER THAN STOP PAYMENT FEE. ON THE CHECK REQUEST FORM NOTE THE CHECK HAS BEEN VOIDED, THE DATE, AND THE REASON ON THE CHECK REQUEST FORM NOTE THE CHECK HAS BEEN VOIDED, THE DATE, AND THE REASON FOR REPLACEMENT CHECKS NOTE THE NEW CHECK NUMBER ON THE CHECK REQUEST FOR REPLACEMENT CHECKS NOTE THE NEW CHECK NUMBER ON THE CHECK REQUEST THE AMOUNT OF THE VOIDED CHECK MUST BE ADDED BACK TO THE BALANCE OF THE APPROPRIATE SUB- ACCOUNT. THE AMOUNT OF THE VOIDED CHECK MUST BE ADDED BACK TO THE BALANCE OF THE APPROPRIATE SUB- ACCOUNT. IF THE VOID CHECK IS AVAILABLE IT SHOULD BE MARKED VOID AND THE SIGNATURE LINE CUT- OFF. IF THE VOID CHECK IS AVAILABLE IT SHOULD BE MARKED VOID AND THE SIGNATURE LINE CUT- OFF. THE CHECK SHOULD BE FILED. THE CHECK SHOULD BE FILED.

23. RECEIVING CASH IN ORDER TO MAINTAIN CONTROL AT LEAST TWO PERSONS MUST BE INVOLVED IN THE FUNCTIONS OF COLLECTING, DOCUMENTING AND DEPOSITING IN ORDER TO MAINTAIN CONTROL AT LEAST TWO PERSONS MUST BE INVOLVED IN THE FUNCTIONS OF COLLECTING, DOCUMENTING AND DEPOSITING

24. RECEIVING CASH A BOOKKEEPER CANNOT ACCEPT CASH THAT HAS NOT BEEN COUNTED A BOOKKEEPER CANNOT ACCEPT CASH THAT HAS NOT BEEN COUNTED AND THAT IS NOT PROPERLY SUPPORTED BY A COMPLETED CASH RECEIPT VOUCHER AND THAT IS NOT PROPERLY SUPPORTED BY A COMPLETED CASH RECEIPT VOUCHER

25. RECEIVING CASH SEPERATION OF DUTIES WHEN ONE INDIVIDUAL COLLECTS MONEY, MAKES RECEIPTS, DEPOSITS MONEY, RECONCILES THE BANK STATEMENT AND UPDATES ACCOUNTING JOURNALS WHEN ONE INDIVIDUAL COLLECTS MONEY, MAKES RECEIPTS, DEPOSITS MONEY, RECONCILES THE BANK STATEMENT AND UPDATES ACCOUNTING JOURNALS INTERNAL CONTROL OVER CASH RECEIPTS HAS BEEN IMPAIRED. INTERNAL CONTROL OVER CASH RECEIPTS HAS BEEN IMPAIRED.

26. COLLECTIONS OF MONEY BY PERSONS OTHER THAN THE BOOKKEEPER TEACHERS, LIBRARIANS, AND OTHERS MAY COLLECT MONEY FOR SUCH ITEMS AS LOST BOOKS, FINES, STUDENT DUES, YEARBOOK AND OTHER SALES. TEACHERS, LIBRARIANS, AND OTHERS MAY COLLECT MONEY FOR SUCH ITEMS AS LOST BOOKS, FINES, STUDENT DUES, YEARBOOK AND OTHER SALES. CERTAIN PROCEDURES APPLY IN SUCH INSTANCES CERTAIN PROCEDURES APPLY IN SUCH INSTANCES

27. COLLECTIONS OF MONEY BY PERSONS OTHER THAN THE BOOKKEEPER-CONT’D SPONSORS & OTHER EMPLOYEES MUST COMPLETE A “CASH RECEIPT VOUCHER” TO DOCUMENT THE ORIGIN OF FUNDS. SPONSORS & OTHER EMPLOYEES MUST COMPLETE A “CASH RECEIPT VOUCHER” TO DOCUMENT THE ORIGIN OF FUNDS. MONEY/PAYMENTS COLLECTED FROM INDIVIDUAL STUDENTS MUST BE LISTED ON A SHEET OF PAPER. THE ORIGINAL LIST SHOULD NOT BE TURNED OVER TO THE BOOKKEEPER. MONEY/PAYMENTS COLLECTED FROM INDIVIDUAL STUDENTS MUST BE LISTED ON A SHEET OF PAPER. THE ORIGINAL LIST SHOULD NOT BE TURNED OVER TO THE BOOKKEEPER.

28. COLLECTIONS OF MONEY BY PERSONS OTHER THAN THE BOOKKEEPER-CONT’D SPONSORS SHOULD VERFIY THAT THE TOTAL ON THE LIST OF STUDENTS AGREES TO THE TOTAL ON THE CASH RECEIPT VOUCHER. SPONSORS SHOULD VERFIY THAT THE TOTAL ON THE LIST OF STUDENTS AGREES TO THE TOTAL ON THE CASH RECEIPT VOUCHER. THE ORIGINAL CASH RECEIPT VOUCHER MUST ACCOMPANY FUNDS COLLECTED WHEN TURNED OVER TO THE BOOKKEEPER. THE ORIGINAL CASH RECEIPT VOUCHER MUST ACCOMPANY FUNDS COLLECTED WHEN TURNED OVER TO THE BOOKKEEPER.

29. COLLECTIONS OF MONEY BY PERSONS OTHER THAN THE BOOKKEEPER-CONT’D COLLECTIONS MUST BE SUBMITTED TO THE BOOKKEEPER DAILY; TEACHERS MAY NOT KEEP STUDENT FUNDS OVERNIGHT COLLECTIONS MUST BE SUBMITTED TO THE BOOKKEEPER DAILY; TEACHERS MAY NOT KEEP STUDENT FUNDS OVERNIGHT ALL MONEY MUST BE SUBMITTED TO THE BOOKKEEPER IN THE SAME FORM COLLECTED. NO CHECK CASHING. ALL MONEY MUST BE SUBMITTED TO THE BOOKKEEPER IN THE SAME FORM COLLECTED. NO CHECK CASHING.

30. RECEIPT OF MONEY BY THE BOOKKEEPER BOOKKEEPER WILL COUNT MONEY AND AGREE TO CASH RECEIPT VOUCHER BOOKKEEPER WILL COUNT MONEY AND AGREE TO CASH RECEIPT VOUCHER PREPARE A RECEIPT AND ISSUE TO EMPLOYEE TURNING IN THE COLLECTIONS PREPARE A RECEIPT AND ISSUE TO EMPLOYEE TURNING IN THE COLLECTIONS IMMEDIATELY ENDORSE CHECKS “FOR DEPOSIT ONLY”. IMMEDIATELY ENDORSE CHECKS “FOR DEPOSIT ONLY”.

31. CASH RECEIPTS RECEIPTS WILL BE ISSUED IN TRIPLICATE RECEIPTS WILL BE ISSUED IN TRIPLICATE RECEIPTS MUST BE PRE- NUMBERED RECEIPTS MUST BE PRE- NUMBERED RECEIPTS MUST BE USED IN CONSECUTIVE ORDER RECEIPTS MUST BE USED IN CONSECUTIVE ORDER THE ORIGINAL RECEIPT IS RETURNED TO PAYEE THE ORIGINAL RECEIPT IS RETURNED TO PAYEE THE 1 ST COPY IS FILED WITH CAMPUS FINANCIAL RECORDS THE 1 ST COPY IS FILED WITH CAMPUS FINANCIAL RECORDS THE 2 ND COPY REMAINS IN THE RECEIPT BOOK THE 2 ND COPY REMAINS IN THE RECEIPT BOOK

32. CASH RECEIPTS-CONT’D RECEIPTS MUST BE PREPARED IN INK. RECEIPTS MUST BE PREPARED IN INK. RECEIPTS MUST BE LEGIBLE RECEIPTS MUST BE LEGIBLE EACH RECEIPT MUST BE ISSUED TO NO MORE THAN ONE PERSON EACH RECEIPT MUST BE ISSUED TO NO MORE THAN ONE PERSON TO MAKE A CORRECTION TO A RECEIPT MARK IT VOID AND WRITE A NEW RECEIPT TO MAKE A CORRECTION TO A RECEIPT MARK IT VOID AND WRITE A NEW RECEIPT ALL COPIES OF VOID RECEIPTS MUST BE MAINTAINED. ALL COPIES OF VOID RECEIPTS MUST BE MAINTAINED.

33. BANK DEPOSITS MUST BE MADE DAILY UNLESS COLLECTIONS ARE $100 OR LESS MUST BE MADE DAILY UNLESS COLLECTIONS ARE $100 OR LESS DEPOSITS WILL BE RECORDED TO THE DEPOSIT LOG DEPOSITS WILL BE RECORDED TO THE DEPOSIT LOG DEPOSIT WILL BE RECORDED IN THE CASH RECEIPT AND DISBURSEMENT JOURNAL DEPOSIT WILL BE RECORDED IN THE CASH RECEIPT AND DISBURSEMENT JOURNAL

34. RETURNED CHECKS A COPY OF THE CHECK WILL BE PROVIDED TO THE FACULTY SPONSOR TO COLLECT. A COPY OF THE CHECK WILL BE PROVIDED TO THE FACULTY SPONSOR TO COLLECT. THE CHECK AMOUNT WILL BE REVERSED FROM ACCOUNTING RECORDS. THE CHECK AMOUNT WILL BE REVERSED FROM ACCOUNTING RECORDS. WHEN THE CASH IS COLLECTED THE ORIGINAL CHECK WILL BE RELEASED WHEN THE CASH IS COLLECTED THE ORIGINAL CHECK WILL BE RELEASED THE RECEIPT WILL INDICATE NSF REDEPOSIT THE RECEIPT WILL INDICATE NSF REDEPOSIT

35. DOCUMENTING FUND RAISERS THE FUNDRAISER REPORT WILL BE USED TO DOCUMENT & AUTHORIZE AN ACTIVITY BEFORE BEGINNING THE ACTIVITY THE FUNDRAISER REPORT WILL BE USED TO DOCUMENT & AUTHORIZE AN ACTIVITY BEFORE BEGINNING THE ACTIVITY THE PRINCIPAL’S SIGNATURE IS REQUIRED THE PRINCIPAL’S SIGNATURE IS REQUIRED ONCE SIGNED THE SPONSOR MAINTAINS CUSTODY OF REPORT UNTIL ACTIVITY IS COMPLETED. ONCE SIGNED THE SPONSOR MAINTAINS CUSTODY OF REPORT UNTIL ACTIVITY IS COMPLETED. THE SPONSOR MUST COMPLETE THE REPORT WITHIN 10 SCHOOL DAYS OF THE CONCLUSION OF THE FUNDRAISING EVENT THE SPONSOR MUST COMPLETE THE REPORT WITHIN 10 SCHOOL DAYS OF THE CONCLUSION OF THE FUNDRAISING EVENT THE FUNDRAISER REPORT PROVIDES A RECORD OF RECEIPTS AND DISBURSEMENTS ASSOCIATED TO THE FUNDRAISER THE FUNDRAISER REPORT PROVIDES A RECORD OF RECEIPTS AND DISBURSEMENTS ASSOCIATED TO THE FUNDRAISER

36. DOCUMENTING FUND RAISERS –CONT’D REPORTS WHICH ARE INCOMPLETE AND INCORRECT SHOULD BE RETURNED TO THE SPONSOR REPORTS WHICH ARE INCOMPLETE AND INCORRECT SHOULD BE RETURNED TO THE SPONSOR IT IS THE RESPONSIBILITY OF THE FACULTY SPONSOR TO ACCOUNT FOR THE FUNDRAISER. IT IS THE RESPONSIBILITY OF THE FACULTY SPONSOR TO ACCOUNT FOR THE FUNDRAISER. ACTIVITY REPORTS WILL NOT BE COMPLETED BY THE BOOKKEEPER ACTIVITY REPORTS WILL NOT BE COMPLETED BY THE BOOKKEEPER THE PRINCIPAL SHOULD USE THE ACTIVITY REPORT TO EVALUATE THE SUCCESS OF THE FUNDRAISER AND THE ABILITY OF THE SPONSOR TO ACCOUNT FOR THE MONEY RAISED. THE PRINCIPAL SHOULD USE THE ACTIVITY REPORT TO EVALUATE THE SUCCESS OF THE FUNDRAISER AND THE ABILITY OF THE SPONSOR TO ACCOUNT FOR THE MONEY RAISED.

37. SALES TAX PUBLIC SCHOOLS ARE EXEMPT FROM PAYING THE STATE SALES AND USE TAX PUBLIC SCHOOLS ARE EXEMPT FROM PAYING THE STATE SALES AND USE TAX EXEMPTION FROM PAYING SALES TAX DOES NOT RELIEVE PUBLIC SCHOOLS FROM THE OBLIGATION TO COLLECT SALES TAX ON TAXABLE SALES EXEMPTION FROM PAYING SALES TAX DOES NOT RELIEVE PUBLIC SCHOOLS FROM THE OBLIGATION TO COLLECT SALES TAX ON TAXABLE SALES

38. TAXABLE SALES INCLUDE: SCHOOL PURCHASED SUPPLIES SOLD DIRECTLY TO STUDENTS INCLUDING ATHLETIC EQUIPMENT, UNIFORMS, T-SHIRTS, JACKETS & SCHOOL SUPPLIES SCHOOL PURCHASED SUPPLIES SOLD DIRECTLY TO STUDENTS INCLUDING ATHLETIC EQUIPMENT, UNIFORMS, T-SHIRTS, JACKETS & SCHOOL SUPPLIES FEES FOR MATERIALS WHEN THE END PRODUCT BECOMES THE POSSESSION OF THE STUDENT FEES FOR MATERIALS WHEN THE END PRODUCT BECOMES THE POSSESSION OF THE STUDENT STUDENT PUBLICATIONS SUCH AS YEARBOOKS AND FOOTBALL PROGRAMS STUDENT PUBLICATIONS SUCH AS YEARBOOKS AND FOOTBALL PROGRAMS ARTICLES SUCH AS PENCILS, CUPS WITH THE SCHOOL LOGO ARTICLES SUCH AS PENCILS, CUPS WITH THE SCHOOL LOGO BOOKS SOLD TO STUDENTS AT BOOK FAIRS BOOKS SOLD TO STUDENTS AT BOOK FAIRS

39. NON-TAXABLE SALES INCLUDE: ADMISSION TICKETS FOR EDUCATIONAL EVENTS AND SPORTING EVENTS. ADMISSION TICKETS FOR EDUCATIONAL EVENTS AND SPORTING EVENTS. STUDENT CLUB MEMBERSHIP. STUDENT CLUB MEMBERSHIP. SALES OF FOOD AND SOFT DRINK THAT ARE SOLD OR SERVED DURING THE REGULAR SCHOOL DAY SALES OF FOOD AND SOFT DRINK THAT ARE SOLD OR SERVED DURING THE REGULAR SCHOOL DAY SOLD OR SERVED BY A PARENT-TEACHER ASSOCIATION DURING A FUNDRAISER WHERE THE PROCEEDS DO NOT BENEFIT AN INDIVIDUAL. SOLD OR SERVED BY A PARENT-TEACHER ASSOCIATION DURING A FUNDRAISER WHERE THE PROCEEDS DO NOT BENEFIT AN INDIVIDUAL.

40. NON-TAXABLE SALES INCLUDE: ADMISSION TICKETS FOR EDUCATIONAL EVENTS AND SPORTING ADMISSION TICKETS FOR EDUCATIONAL EVENTS AND SPORTING SOLD BY A PERSON UNDER 18 YEARS OF AGE, WHO IS A MEMBER OF AN ORGANIZATION DEVOTED TO THE EXCLUSIVE PURPOSE OF EDUCATION AND GROUPS ASSOCIATED WITH PUBLIC OR PRIVATE ELEMENTARY SCHOOLS AS A PART OF A FUND-RAISING DRIVE FOR THE ORGANIZATIONS USE. SOLD BY A PERSON UNDER 18 YEARS OF AGE, WHO IS A MEMBER OF AN ORGANIZATION DEVOTED TO THE EXCLUSIVE PURPOSE OF EDUCATION AND GROUPS ASSOCIATED WITH PUBLIC OR PRIVATE ELEMENTARY SCHOOLS AS A PART OF A FUND-RAISING DRIVE FOR THE ORGANIZATIONS USE. NEWSPAPERS. NEWSPAPERS.

41. ONE DAY TAX FREE SALES EACH SCHOOL IN THE DISTRICT EACH SCHOOL IN THE DISTRICT EACH ORGANIZATION WITHIN THAT SCHOOL. EACH ORGANIZATION WITHIN THAT SCHOOL. EACH OUTSIDE ORGANIZATION AFFILIATED WITH THAT SCHOOL. EACH OUTSIDE ORGANIZATION AFFILIATED WITH THAT SCHOOL. HAVE 2 ONE-DAY TAX FREE SALES DURING A CALENDAR YEAR. HAVE 2 ONE-DAY TAX FREE SALES DURING A CALENDAR YEAR. THIS RULE CAN ALSO BE APPLIED TO FUNDRAISERS WHEN THE DELIVERY IS MADE TO THE STUDENTS ON A SINGLE DAY. THIS RULE CAN ALSO BE APPLIED TO FUNDRAISERS WHEN THE DELIVERY IS MADE TO THE STUDENTS ON A SINGLE DAY.

42. REPORTING SALES TAX EACH ORGANIZATION, CLASS OR CLUB MUST REPORT ITS SALES TAX ONCE THE SALE IS CONCLUDED. EACH ORGANIZATION, CLASS OR CLUB MUST REPORT ITS SALES TAX ONCE THE SALE IS CONCLUDED. A SALES TAX REPORT FORM MUST BE USED FOR EACH TAXABLE EVENT (PAGE A-9 CAMPUS & STUDENT FUND MANUAL) A SALES TAX REPORT FORM MUST BE USED FOR EACH TAXABLE EVENT (PAGE A-9 CAMPUS & STUDENT FUND MANUAL) THE CAMPUS BOOKKEEPER WILL COMPLETE THE SALES TAX SUMMARY WHICH REPORTS THE TOTAL SALES, BOTH TAXABLE AND NONTAXABLE, HELD ON CAMPUS. (PAGE A-10 CAMPUS & STUDENT FUND MANUAL) THE CAMPUS BOOKKEEPER WILL COMPLETE THE SALES TAX SUMMARY WHICH REPORTS THE TOTAL SALES, BOTH TAXABLE AND NONTAXABLE, HELD ON CAMPUS. (PAGE A-10 CAMPUS & STUDENT FUND MANUAL)

43. OTHER ISSUES SUPPLEMENTAL PAYMENTS TO EMPLOYEES FOR SERVICES – MUST BE MADE THROUGH THE DISTRICT PAYROLL SYSTEM. SUPPLEMENTAL PAYMENTS TO EMPLOYEES FOR SERVICES – MUST BE MADE THROUGH THE DISTRICT PAYROLL SYSTEM. PAYMENTS TO NON-EMPLOYEES FOR CONTRACTED SERVICES – A CONTRACT FOR CONSULTANT SERVICES (CAMPUS & STUDENT FUND MANUAL PAGE A-12) MUST BE COMPLETED. THIS INFORMATION MUST BE SUBMITTED TO FINANCE DEPARTMENT AT THE END OF THE YEAR. PAYMENTS TO NON-EMPLOYEES FOR CONTRACTED SERVICES – A CONTRACT FOR CONSULTANT SERVICES (CAMPUS & STUDENT FUND MANUAL PAGE A-12) MUST BE COMPLETED. THIS INFORMATION MUST BE SUBMITTED TO FINANCE DEPARTMENT AT THE END OF THE YEAR.

44. QUESTION & ANSWER SOURCE: LISD CAMPUS & STUDENT ACTIVITY FUNDS MANUAL REVISED NOVEMBER 2000