Associated Student Body Program Fund - 7415

Mukilteo School District
Financial Management - Series 7000
Associated Student Body Program Fund - 7415

The Board is responsible for the protection and control of student body financial resources just as it is for other public funds placed in its custody. The financial resources of the fund are for the benefit of students. Student involvement in the decision-making processes related to the use of these funds is an integral part of the associated student body, except that the Board may delegate the authority to the principal to act as the associated student body for any school which contains no grade higher than grade six.

Moneys raised by students through recognized student body organizations will be deposited in and disbursed from the fund which is maintained by the county treasurer. Moneys raised by students either by fundraising activities or donation, for private purposes will be deposited to a separate account in the associated student body fund to be held in trust until it is disbursed for the intended purpose. Private purposes are defined as scholarships, student exchanges and charitable contributions. The fund is subject to management and accounting procedures that are required for all other district moneys. ASB constitutions will provide for participation by ASB representatives in the decisions to budget for and disburse ASB moneys.

The Superintendent will establish procedures regarding the operation of the fund.

Legal References:

RCW 28A.325.010 Fees for optional noncredit extra curricular events--Disposition
RCW 28A.325.020 Associated student bodies--Powers and responsibilities affecting
RCW 28A.325.030 Associated student body program fund -- Fund-raising activities -- Nonassociated student body program fund moneys.
WAC 392-123 Finance--School District Budgeting
WAC 392-138 Finance--Associated Student Body Moneys


Adoption Date: January 12, 1998
Revised: November 13, 2001