Regulation 3100 – Financial Management

The following procedures or actions shall be taken:

1. The Missouri Financial Accounting Manual, published by the Missouri Department of Elementary and Secondary Education, shall be adopted for financial accounting.
2. All receipts, including student activity funds, shall be deposited in the School District
   account as provided by law. There shall be no separate accounts of any school sponsored
   organization, individual, or department for funds collected or received in connection with
   any school activity or program.
3. Expenditures shall be paid by check.
4. The Superintendent shall formulate administrative procedures to facilitate the orderly
   expenditure and receipt of funds. The Superintendent is empowered to purchase for the
   District within limits as set forth by the budget approved by the Board of Education.
5. The District accountant shall maintain student activity accounts for various classes and
   organizations. Upon graduation any funds which remain in the account of the graduating
   class shall be transferred to the General Fund.