Policy 5310

EXPENDITURES
5310 BONDING OF EMPLOYEES AND BOARD MEMBERS


In accordance with New York State Education Law and the Commissioner's regulations, the Board directs that the Treasurer of the Board, the Assistant Treasurer, and the Internal Claims Auditor be bonded or covered by a general undertaking prior to assuming their duties. Coverage will be in the amounts as determined and approved by the Board.

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


Policy References:
Education Law §§ 1709(20-a), 1720, 2130(5), 2526 and 2527
Public Officers Law § 11(2)
8 NYCRR § 170.2(d)



Adopted: 6/22/99
Revised: 9/6/22

Policy 5310