Presentation Notes from Oct. 19, 2009
Presenter:
Pamela W. Baker, CPA, CGFM
Audit Partner, Barbacane and Thornton
Two types of organizations operate within and around the schools of RTSD:
- Student Activity Organizations
- Parent/Booster Organizations
Similarities:
- Both operate to the benefit of students throughout the district
- Both often encourage student involvment
- Both often involve employees of the district
- Funds generated are not part of the general operating fund of the district
Differences:
- Student activity organizations are governed by the Commonwealth Public School Code
- Student activity organizations represent clubs approved by the school board
- Student activity organizations have faculty advisors
- The bookkeeping of student activity organizations are the responsibility of the school administration and are subject to both independent audit and state audit
- Student activity organizations are permitted to use the district federal ID and state sales tax exemption number - parent organizations are not
All booster/parent organizations need to understand and comply with the following:
- Meetings should be open to the public
- Building principals should approve any fundraising activities that involve students
- Booster/parent organizations do not have the authority to direct the duties of a school district employee
- Booster/parent organizations do not have the authority to hire personnel to work with students without school board approval and applicable clearances
- Monies that are generated from the use of students to raise funds must be used for programs that directly benefit students
- Booster/parent organizations need to comply with state and federal regulations regarding accounting practices and fundraising
- Any use of facilities should comply with existing board policy
