The District School Board of Niagara (DSBN) is committed to meeting the following objectives with respect to the financial accountability of school generated funds:
School generated funds include all school administered and parent administered monies that are received, raised or collected in the name of the school or school activity. This includes monies derived from fundraising activities, contributions/donations, corporate contracts/partnerships and monies received directly from students. School generated funds do not include funds allocated to schools from the DSBN’s operating budget.
It is the responsibility of the Principal, on behalf of the DSBN, to ensure that the requirements associated with school generated funds are met.