ASB funds are public resources or a public trust and the school board and its designees are responsible for the protection and control of these resources just as they are for other public funds in its custody.
The ASB fund is for the extracurricular benefit of the students and their involvement in the decision making process is an integral part of the ASB government. The students must have adult supervision to properly administer the ASB programs, but that supervision must not exclude student participation in determining the use of the money.
There are four positions at the school to account for the use of this fund:
- Student Financial Representative
- Primary Advisor
- Activity Advisor
- Primary Treasurer
The laws governing the ASB Fund, and the rules and regulations developed by the Superintendent of Public Instruction pursuant to those laws provide the legal and procedural framework for the Board of Directors of each school district to administer the ASB Fund.