2006 New York Code - Moneys And Accounts In Union Free School Districts.



 
    § 1720. Moneys  and  accounts in union free school districts.  1.  All
  moneys raised in a union free school district or apportioned thereto  by
  the education department or otherwise, shall be paid to the treasurer of
  the district entitled to receive the same, and be applied to the uses of
  the  district  and the board shall annually render their accounts of all
  moneys received and expended by them for the use of said schools.
    2. No money shall be drawn from  such  funds  in  possession  of  such
  treasurer,  unless  in  pursuance  of a resolution of said board, and on
  voucher-order checks signed by the treasurer, payable to  the  order  of
  the persons entitled to receive such money and stating on their face the
  purpose or service for which said moneys have been authorized to be paid
  by  the  said  board  of  education.   The board of education may in its
  discretion require that such checks be countersigned by another  officer
  of  such  district.    When  authorized  by  resolution  of the board of
  education such checks may be signed with the facsimile signature of  the
  treasurer  and  other  district  officer whose signature is required, as
  reproduced by a machine or device  commonly  known  as  a  check-signer.
  Such  board  may  by  resolution designate one of its members other than
  said other officer whose signature  is  required  or  appoint  a  deputy
  treasurer  who  shall serve at the discretion of the board, to sign such
  checks in lieu of either the treasurer or other officer whose  signature
  is  required,  in  case of their absence or inability, provided that any
  board member or deputy treasurer so authorized shall, before  acting  in
  the  place  and  stead  of  the  treasurer, execute and file an official
  undertaking in an amount and in the manner required as to such treasurer
  pursuant to the provisions of this chapter.  No resolution of the board,
  however, shall be necessary for the payment of compensation for services
  of an officer or employee engaged at agreed  wages  by  the  hour,  day,
  week,  month or year, where the name of such officer or employee appears
  upon a duly certified payroll, or of the principal  of  or  interest  on
  indebtedness of the district.  By resolution duly adopted, the board may
  determine  to  enter  into  a contract to provide for the deposit of the
  periodic payroll of the school district in a bank or trust  company  for
  disbursal by it in accordance with provisions of section ninety-six-b of
  the banking law.

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