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Ontario Association of School Business Officials Finance Committee Guidelines For School Generated Funds Issued: September 2003 First Revision: January 2009 Second Revision: June 2014 Ontario Association

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What is school generated funds?

School generated funds are funds that are raised or earned by a school, typically through fundraisers, donations, or other activities.

Who is required to file school generated funds?

School administrators or the school's finance department are usually responsible for filing school generated funds.

How to fill out school generated funds?

To fill out school generated funds, you will need to track all sources of revenue, including donations, fundraisers, and other income. This information should be recorded in a detailed financial report.

What is the purpose of school generated funds?

The purpose of school generated funds is to provide additional financial support for the school's activities, programs, and other needs that are not covered by the regular budget.

What information must be reported on school generated funds?

The information that must be reported on school generated funds includes the sources of revenue, the amount of funds raised, and how the funds were used.

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