5340

Adoption Date: 7/19/1994, Revised: 6/20/2000; 9/5/2006
5000 - NON-INSTRUCTIONAL/BUSINESS OPERATIONS

EXPENDITURES
5340 BONDING OF EMPLOYEES AND SCHOOL BOARD MEMBERS

In accordance with New York State Education Law and the Commissioner's Regulations, the Board of Education directs that the Treasurer of the Board of Education, the Tax Collector and the Claims Auditor be bonded prior to assuming their duties. Such bonds shall be in the amounts as determined and approved by the Board of Education.

Other school personnel and members of the Board of Education authorized or required to handle School District revenues may be covered by a blanket undertaking provided by the District in such amounts as approved by the Board of Education based upon the recommendations of the Superintendent or his/her designee.

Policy References:
Education Law Sections 1709(20-a),

1720, 2130(5), 2526, and 2527

Public Officers Law Section 11(2)

8 New York Code of Rules and Regulations

(NYCRR) Section 170.2(d)


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