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
