Policy 3310 – Depository of Funds

All funds received by the District from various sources shall be deposited in bank accounts designated by the School Board.

LEGAL REF.:

  • Wisconsin Statutes
    • Sections 34.05 [Designation of public depositories]
    • 34.09 [Financial institutions eligible as public depositories]
    • 34.105 [Withdrawal of public funds]
    • 66.0603 [Investments]
    • 66.0607 [Withdrawal or disbursement from local treasury]
    • 120.12(7) [Board duty; designation of depositories for district funds]
    • 120.16(5) [Board treasurer duty; receive and deposit district funds]
    • 120.16(6) [Board treasurer duty; withdraw funds]

CROSS REF.:

  • 3240 Investments
  • 3311 Authorized Signatures
  • 3313 Non-Sufficient Fund Checks
  • 3321 Student Activity Funds
  • 3340 Monies in School Buildings
  • 8412 Board Officer Duties

ADMINISTRATIVE REGULATIONS: None

AFFIRMED: October 28, 2003