Cooperative Organizations

Cooperative Organizations are organizations such as parent/teacher organizations, band boosters, athletic boosters, and foundations. They are formed for the purpose of promoting the welfare of a school and its students. Cooperative Organizations can record their receipts and disbursements within internal funds or they can operate outside of the internal funds. Cooperative Organizations operating outside of the internal funds are required to meet all obligations of direct support organizations as defined in Florida Statutes.

The District recognizes, appreciates and encourages the service and assistance provided by these organizations. 

COOPERATIVE ORGANIZATIONS OPERATING WITHIN THE INTERNAL FUNDS

Cooperative Organizations operating within the internal funds are required to follow all policy and procedures of the internal funds manual as well as the policy and procedures of the District. Receipts and disbursements are to be recorded in trust accounts within the internal funds of the school.

COOPERATIVE ORGANIZATIONS OPERATING OUTSIDE OF THE INTERNAL FUNDS

Cooperative Organizations operating outside of the internal funds are required to follow the guidelines outlined in this manual.

Internal funds are defined as all monies collected and disbursed by school personnel within a school, for the benefit of the school, or a school-sponsored activity. Funds relating to all school-sponsored functions or activities are to be accounted for within internal funds. School-sponsored activities are activities in which only District employees are involved in the organizing of the event or handling of money for the event. Cooperative Organization activities should be conducted in such a way that they are clearly distinguished from school-sponsored functions.