All revenue received by the school district shall be classified under the official accounting system and be placed in the hands of the secretary and treasurer of the Board of Directors to be deposited into the official district depository as set by the Board of Directors and in accordance with applicable state laws. Funds may be deposited in other banks when specifically approved by the Board of Education.
(April 12, 1971; July 15, 1991; July 7, 2003; July 18, 2011; June 23, 2014)