Iowa State Auditor Issues Advisory On Student Activity Funds

(Des Moines, IA) -- Iowa State Auditor Rob Sand is issuing an advisory on student activity funds urging community school districts to put attention on the collection and handling of the funds.

He says the advisory is due to misuse of funds and misunderstandings of Iowa law.

The Iowa Auditor of State Office found during special investigations over the past ten years nearly $269,000 were misused by community school districts.

The investigations also revealed bank accounts run by employees held outside of the school districts for student activities.

Sand recommends community school district boards of directors review the Department of Education’s guidance with faculty and staff on a yearly basis.

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