Can our school use the Discretionary Account (30-3010-00) to record expenditures that will later be reimbursed from the Board of Education (BOE)?
No! A special account, called the Board of Education (BOE) Receivable Account, must be used to record ALL expenditures that will be reimbursed from your school’s operating budget. If the Discretionary Account were used to record these expenditures, it would be difficult to track reimbursement activity and this could result in a loss of funds.
Related Questions
- Can our school use the Discretionary Account (30-3010-00) to record expenditures that will later be reimbursed from the Board of Education (BOE)?
- Is the local board of education required to establish a record for a child educated elsewhere than at school?
- Who (other than parents) must a school official allow to see an education record of a student?
