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OFFICE THEN EW YORK STATE COMPTROLLER
DI VISION OF LOCAL GOVERNMENT
& SCHOOL ACCOUNTABILITYGenesee Valley
Central School District
Reserve Accounts and
ExtraClassroom Activities
Report of Examination
Period
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What is extraclassroom activity funds statements?
Extraclassroom activity funds statements are financial reports that document the revenues and expenditures of funds raised and spent by student organizations and activities outside the regular classroom setting.
Who is required to file extraclassroom activity funds statements?
Typically, school districts and their associated student organizations are required to file extraclassroom activity funds statements, ensuring transparency and accountability in the management of student funds.
How to fill out extraclassroom activity funds statements?
Filling out extraclassroom activity funds statements involves collecting all financial data related to the extraclassroom funds, including income from fundraising, expenditures, and itemizing each transaction according to required categories, before submitting the completed form as per the district's guidelines.
What is the purpose of extraclassroom activity funds statements?
The purpose of extraclassroom activity funds statements is to provide a clear and accurate record of all financial activities related to student fundraising and expenditures, ensuring proper oversight and compliance with regulations.
What information must be reported on extraclassroom activity funds statements?
Information required on extraclassroom activity funds statements includes total income, detailed listings of expenditures, cash balances, and any transactions related to fundraising activities.
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