Policy 709

MONIES IN SCHOOL BUILDINGS

Monies collected by District employees and by student treasurers shall be handled with good and prudent business procedures. All monies must be deposited in the school office daily. All monies collected shall be receipted, accounted for, and directed without delay to the Board designated depository. Any District funds kept by an employee overnight are in violation of District expectations and are the sole liability of the employee.

EMPLOYEE BONDS

The Board shall purchase all needed liability insurance to the extent permitted, or otherwise not restricted, by law after recommendations of the insurance committee have been considered.

Legal Reference:
Neb. Statute 23-175.01

Adopted: June 12, 2006