School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearing for Special Actions regarding Students - 4:00 p.m. Regular Meeting - 7:00 p.m.
July 2006 Regular Meeting
Agenda Item #29


Item Title
C-29 Writeoff NSF Checks at Grove Park Elementary School (Revised)

Issue/Rationale

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 school.

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



Recommended Action
Approve the request as presented.

Financial Impact
To write off the NSF checks will reduce the revenues of the school’s internal funds account.

Submitted By

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

DATA SOURCE:  
        Colette Wyant, Principal, GPE
        Roni M. Campbell, Coordinator of Accounting and Internal Accounts




Attachment:  NSF Writeoff 7-2006.pdf