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Internal Audit Unit MONTGOMERY COUNTY BOARD OF EDUCATION Rockville, Maryland May 25, 2022MEMORANDUM To:Mrs. Natalie M. Albrecht, Principal Cold Spring Elementary Schoolroom:Mary J. Bergstresser, Supervisor,
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Independent activity fund cold is a fund used to support extracurricular activities in schools.
Schools and educational institutions that engage in extracurricular activities are required to file independent activity fund cold.
Independent activity fund cold can be filled out by providing detailed information about the funds received and how they are being used for extracurricular activities.
The purpose of independent activity fund cold is to ensure transparency and accountability in the management of funds for extracurricular activities.
Information such as sources of funds, expenditures, and purpose of expenses must be reported on independent activity fund cold.
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