FILE: DG
Cf: DFL
DEPOSITORY OF FUNDS
The School Board shall select a depository on an annual basis which shall provide the most
efficient and otherwise desirable services for the Board. Selection of the official depository shall
be in accordance with statutory provisions. All funds of the Board shall be deposited to the
account(s) of the Board in the official depository.
All monies retained in school buildings shall be safeguarded in secure areas at all times.
However, the Board shall not assume responsibility for funds lost in a school. The Board shall
require that school funds be deposited on a daily basis, whenever possible.
Ref: La. Rev. Stat. Ann. §§17:95, 39:1211, et seq.