33. Designation of Depositories
INFORMATION:
Annually, school districts are required to designate depositories for school funds.
RECOMMENDATION:
a. That the school district designate the depositories for all accounts as indicated
in Exhibit A for 2003-2004.
b. That school district funds be insured and/or collateralized and invested in
accordance with the School Laws of Pennsylvania and the Bethlehem Area
School DistrictÕs Board Policy.
c. That school district facsimile signatures be filed with the Pennsylvania Department
of Community Affairs.
The administration's recommendations 1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 24, 25, 27, 28, 29, 30, 31, 32, 33, 34, 34a, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, and 53 were considered together.