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District ASB Fund Balance

According to the Accounting Manual for Public Schools, in Washington school districts, the only fund designated as a Special Revenue Fund is the ASB. This fund is financed, in part, by the establishment and collection of fees from students and nonstudents as a condition of their attendance at any optional noncredit extracurricular event of the district. As a Special Revenue Fund, the ASB Fund is under the control, supervision, and approval of the board of directors, and the school district legally owns the resources accounted for in the ASB fund. (RCW 28A.320.330. RCW 28A.325.030.) (2015. p. 1-5)

You will find the individual building ASB fund balance reports listed on the individual school's web page.

District

PROVE

ASB Extracurricular Activity Reporting

Cavelero Mid High School (CMHS)

Lake Stevens High School (LSHS)

Reference Office of Superintendent of Public Instruction. (2015). Governmental funds. Accounting Manual for Public School Districts, 1-5.