School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway DECEMBER 14, 2006 Hearings for Special Actions regarding Students - 4:00 p.m. REGULAR MEETING - 7:00 P.M.
December 14, 2006 Regular Meeting
Agenda Item #22

Item Title
C-21 Write Off NSF Checks at TBE and MHS


Chapter Seven (School Internal Funds) of the Financial and Program Cost Accounting and Reporting for Public Schools Manual (THE “RED” BOOK) requires under Section III 1.6(b) that a check can be declared uncollectable and written off the books only by the action of the School Board.  Therefore, we are requesting that permission be granted to write off the NSF checks at the above schools.

It is felt that school personnel have made every attempt to recover the funds in question.

Recommended Action
Approval of the request to write off NSF checks at TBE and MHS.

Financial Impact
To write off the NSF checks will reduce the revenues of the schools' internal funds accounts.

Submitted By

Dr. George F. Copeland, CPA, Asst. Superintendent for Business Affairs

DATA SOURCE:  David Broskie, Principal, MHS
        Dee Dee Phillips,  Principal, TBE
        Roni M. Campbell, Coordinator of Accounting and Internal Accounts

Attachment:  NSF Writeoff 11-2006.pdf