DM: Cash in School Building

Classification: 
D: Fiscal Management
Code: 
DM

The Board of School Trustees (the “Board”) has insurance coverage (with a $3,000 deductible) for stolen monies with the understanding that minimum amounts of monies will be kept on the premises. 

Schools should, therefore, make frequent bank deposits.  A maximum of $200 for secondary schools and $100 for elementary schools should be kept on the premises overnight.

DMT Responsibility: CONT.

Adopted Date: 
Monday October 18, 1982
Revision Date: 
Aug 1990
Sep 1994
Jan 1999