165.021. Disbursal of school moneys--checks, form of--checks not to issue in excess of revenue.

MISSOURI STATUTES AND CODES

165.021. Disbursal of school moneys--checks, form of--checks not to issue in excess of revenue.

Disbursal of school moneys--checks, form of--checks not to issue inexcess of revenue.

165.021. 1. All moneys received by a school district shallbe disbursed only for the purposes for which they were levied,collected or received.

2. School district moneys shall be disbursed only uponchecks drawn by the treasurer of the district pursuant to ordersof the board of education or upon orders for payment issued bythe treasurer of the district pursuant to orders of the board ofeducation. Each check shall show the legal identification of thedistrict by name and address, the depositary upon which the checkis drawn, shall specify the amount to be paid, to whom payment ismade, from what fund, for what purpose, the date of payment andthe number of the check. Each check must be signed by thepresident and the treasurer of the board. The board byresolution may direct that the signatures be affixed to thechecks in facsimile in the manner and with the effect provided bysections 105.273 to 105.278, RSMo.

3. The checks drawn shall be in substantially the followingform:( Name of District ) ( Check number )( Address ) .........

Date of paymentPay to the Order of ..................... $......................

( Payee ) ( amount in figures )............................................ dollarsOut of ......................... Fund

(name)Purpose .................. ...................

President of board

...................

Treasurer of board

4. No check shall be drawn, or order for payment issued, forthe payment of any school district indebtedness unless there issufficient money in the treasury and in the proper fund for thepayment of the indebtedness.

5. Each and every check and order for payment shall be paidfrom its appropriate fund or funds, as provided by law.

6. No school district treasurer shall draw any check orissue any order for payment against any school district that isin excess of the income and revenue of the school district forthe school year beginning on the first day of July and ending onthe thirtieth day of June following.