[Mail_treas] Separate Bank Accounts

[Paul Shaw]

Logan-Hocking has an ADM around 4,000.



We do NOT have separate bank accounts for athletics.  We DO maintain
separate SCCs.  I DO have a petty cash account of $1,000 for my Activities
Director.  She used to pay for officials out of this account, etc.



PFS





*From:* Darian Ascoli [mailto:dascoli at xenia.k12.oh.us]
*Sent:* Tuesday, September 19, 2017 9:52 AM
*To:* Merry Lou Knuckles
*Cc:* Statewide Treasurers
*Subject:* Re: [Mail_treas] Separate Bank Accounts



Hi Merry!



Xenia has an ADM of around 4,500.



We do not  have a separate bank account for athletics, much less for each
sport. We have each sport setup in our 300 fund with their own SCC.



Good luck!


Darian Ascoli

Assistant Treasurer

Xenia Community Schools

Phone: (937) 562-9032

xenia.k12.oh.us



On Tue, Sep 19, 2017 at 9:45 AM, Merry Lou Knuckles <
merrylou.knuckles at cardinalschools.org> wrote:

We are having a "friendly" debate with one of our support groups who is
telling us we need to have separate bank accounts for each sport because
every other school does this. I personally have not heard of this but ....



Does anyone have a separate bank account for their athletic account that
handles all costs to run a sports program? Do you have a separate bank
account for each sport?  Or do you have a separate fund - 300 and
individual line items for each sport?



Thanks for your input :)



Merry Lou


Merry Lou Knuckles

Treasurer

Cardinal Local Schools
440-632-0261 <(440)%20632-0261>

440-632-5886 <(440)%20632-5886> - fax


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