Last Updated on Tuesday, May 13, 2008 at 5:01 AM
The "Accounting Procedures for School Activity Funds" handbook provides a method of uniform accounting for school activity funds. This handbook is incorporated by reference and is part of the Kentucky Administrative Regulation 702 KAR:3:130.
You may review changes to the regulation on the LRC web page at the following link:
http://www.lrc.ky.gov/kar/702/003/130reg.htm (revised)
The schools are currently using the 2001 version of the REDBOOK and will complete this school year with that version. They should retain that copy for any audit questions that might arise and then use the 2008 REDBOOK for the new school year starting July 1, 2008.
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Accounting Procedures for School Activity Funds
(2008 Version)
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Accounting Procedures for School Activity Funds
(2001 Version)
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