• Fees from students for curricular activities including consumable materials fees, practical and applied arts fees, and special physical education fees;
  
• Commercial sales revenue generated from vending machines and canteen sales;
  
• Fundraising revenue;
  
• Grants and partnership revenue;
  
• Fees from students for non-curricular activities such as sports teams, graduation fees, Student Council fees, and yearbook sales; and
  
• Other non-curricular revenue such as external donations, interest income, and grants received from the division.
  

• Academic supplies such as practical and applied arts supplies and other consumables;
  
• Cost of sales from vending machines and canteen sales;
  
• Academic equipment purchased to augment equipment in the school; and,
  
• School funded expenses for operating sports teams, school clubs, Student Council operational costs, and graduation costs.
  

4.1.  Each school is authorized to maintain a single account at a local financial institution for school generated funds.

4.1.1.  The Director and the Superintendent of Finance Services/CFO must be included as additional signing authorities on the school generated fund account.

4.2.  Within the SGF Web Portal, the school generated fund account balance may be broken down into any number of funds to track the various activities and fundraising projects at the school;

4.3.  For all receipts and deposits:

4.3.1.  Pre-numbered receipts must be generated for all cash and cheques received greater than $50;

4.3.2.  The deposit book entries must reference the receipt numbers or the cash tally sheet numbers to which they correspond;

4.3.3.  Cash received must be counted and supported by cash tally sheets that have been prepared and signed by at least two people;

4.3.4.  Cash tally sheets will be retained on file in date order; and

4.3.5.  Deposits must be made in a timely manner.

4.4.  For all cheques and withdrawals:

4.4.1.  All payments must be supported by an invoice;

4.4.2.  Expense forms will be used to support payments to individuals, and the expense forms must be approved by an applicable individual;

4.4.3.  Cheque numbers must be written on all paid invoices;

4.4.4.  Invoices will be filed in cheque number order;

4.4.5.  Withdrawals from the bank (other than cheque printing fees and bank service fees) must be supported by documentation;

4.4.6.  Cheques must be signed by at least two signing authorities; and

4.4.7.  Cheques must never be pre-signed.