PolicyDescriptor Code DIBSchool district funds are all moneys received by the school district or schools within the district or as a result of an activity carried on by the districtAll school district ID: 897988
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1 Policy TYPES OF FUNDS Desc
Policy TYPES OF FUNDS Descriptor Code: D I B School district funds are all moneys received by the school district or schools within the district or as a result of an activity carried on by the district. All school district funds will be dispensed among the following funds: the general fund; capital outlay fund; special education fund; public service enterprise fund; trust and agency fund; or bond redemption fund. Sources for school district funds include: income from school property; school distri ct borrowing through bonds or promissory notes; taxes; funds received from federal, state or other political subdivisions; funds received from individuals or organizations through paid admission, payments for materials, services, gifts or trusts; funds rec eived from fines and penalties; and any other funds received by the school district or schools from any other source. ADOPTED: November 2018 Policy References: State Reference Description SDCL 13 - 16 - 1 Sources of school district funds SDCL 13 - 16 - 2 Types of funds enumerated SDCL 13 - 16 - 3 General fund defined SDCL 13 - 16 - 4 Lease payments from general fund in federally affected areas