§ 42805 Revolving Cash Fund Adjustments

• •The school board can decide to shrink or stop a special money fund they created.
• •If the fund is shrunk, the person in charge must give back the extra money to the county.
• •If the fund is stopped, the person in charge must give back all the money to the county.
• •The person in charge gets a little time to get their money back by showing receipts for what they spent.

Imagine your school has a special piggy bank for field trips. The school board decides they don’t need so much money in it anymore.

The teacher in charge of the piggy bank has to give back the extra money to the county. If the school board says to close the piggy bank completely, the teacher gives back all the money. The teacher can then show receipts for the bus rides and museum tickets they bought to get their money back.