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Policies » Section D: Fiscal Management » DH: Bonded Employees

Policy Date: 02/08/2000

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ASD File: DH

The School Board requires that the Treasurer and Assistant Treasurer be bonded. The district will arrange a Public Officials Bond to cover the Treasurer and each assistant, if any, in the amount of $100,000. It is the practice that any employee who administers student activity money shall be bonded.

Any employee who administers funds for the district will be bonded appropriately. The district will arrange a Blanket Position Bond, including a Faithful Performance endorsement, in the amount of $100,000 on all employees who administer funds for the district.

Adopted: February 8, 2000