School District of Clay County Green Cove Springs, Florida |
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway MAY 18, 2006 Hearings for Special Actions regarding Students - 3:00 p.m. REGULAR MEETING - 7:00 p.m. Executive Session immediately following Regular Meeting (Closed to the Public) |
Agenda Item #34 Item Title C-39 Write Off NSF Checks at FIHS and FIE (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 schools. Recommended Action Approve the request to write off the NSF checks. 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: William S. Ward, Principal, FIHS Lynda Braxton, Principal, FIE Roni M. Campbell, Coordinator of Accounting and Internal Accounts Attachment: NSF Writeoff 5-2006.pdf |