Missing or Stolen Funds

The Principal must promptly report all cases of missing or stolen funds (cash, checks, money orders, etc.) to Irving ISD Security, Business Office, Internal Audit, and Risk Management.  A written report shall be prepared stating the facts and circumstances relating to the missing or stolen funds, name of individual(s) involved, if determined. A copy of the report should be submitted to the Accounting Supervisor in the Business Operations Office.

Each teacher/sponsor or employee responsible in collecting, receipting, and depositing funds and involved with any fundraising activity must have a signed “Teachers/Sponsors Cash Handling Responsibilities” form on file in the school’s office.  Upon signing of this form, the employee is attesting that he/she understand they will be held responsible for all funds entrusted to them and he/she will reimburse the student organization or the school for any money which is lost due to carelessness, theft or fraud. 

Please refer to Risk Management's policies and procedures for reporting a loss and theft.