Idaho § 33-705 - Activity funds
Full text of Idaho Idaho Statutes § 33-705 — Activity funds, with citation guidance and answers to common questions.
§ 33-705. Activity funds
1. The board of trustees of each school district, including specially chartered districts, shall create a fund or funds for the purpose of controlling and accounting for the receipts, deposits, expenditures, assets, liabilities and fund balances arising from the following transactions:
(a) Admission charges for interscholastic activities.
(b) The sale of yearbooks and annuals.
(c) Student fee collections that are used to provide more than one (1) activity or benefit to all of the students of a school or school building.
(d) Receipts from vending machines located on school property.
2. For each fund created the board of trustees shall promulgate policies:
(a) Describing with reasonable certainty the nature and type of expenditures that may be made therefrom.
(b) Setting forth the requirements for the expenditures and withdrawal of such moneys.
3. The treasurer of the district shall provide accounting procedures for the receipt, deposit, expenditure and withdrawal of such moneys and procedures for monthly reporting to the board of trustees of the transactions, assets, liabilities and fund balance for each such fund.
4. For other activity or student funds, including but not limited to custodial funds, the board of trustees may create a separate fund or funds and promulgate policies to provide for accounting and control thereof.
5. Nothing in this section limits the power of the board of trustees of any school district from promulgating policies or imposing further controls, requirements, accounting and reporting procedures with respect to any funds or moneys of the district or moneys that it holds as custodian for the students.
6. Disbursements from any of the funds created under this section may be made by regular bank check signed by the treasurer or assistant treasurer of the district and countersigned by the chairman or vice chairman of the board of trustees or other employee of the district designated by the board of trustees or a debit or credit card associated with such fund’s account.
[33-705, added 1990, ch. 198, sec. 3, p. 447; am. 1999, ch. 165, sec. 1, p. 452; am. 2024, ch. 23, sec. 1, p. 176.]
Frequently Asked Questions About Idaho § 33-705
What does Idaho Statutes § 33-705 cover?
Section 33-705 ("Activity funds") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 33-705?
A common citation format is "Idaho Statutes § 33-705" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 33-705 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.