- Last Updated: 18 October 2018 18 October 2018
|Policies and Regulations||NEPN Code: DM-R
Cash in School Buildings
At a minimum, funds will be deposited on a weekly basis. No employee shall use school funds for personal purposes or possess school funds of any kind overnight. If an emergency arises and it is necessary for a school employee to possess school funds overnight, he or she must inform a supervising administrator prior to doing so.
In order to avoid leaving large sums of money in school buildings overnight, to the extent possible no building shall retain more than an amount equal to 33% of its allowable imprest allocation in cash.
Cafeteria receipts, other than monies needed for daily operations, shall be deposited daily.