Yes. We have revised our opinion in the 2018 December School Bulletin (page 5) and will not take exception to an extra-curricular account established for staff funds such as “jean days”, staff vending machine proceeds, or other funds that are received for the purpose of supporting staff purchases.
This change in position does not affect our position on outside organizations, such as booster groups, parent teacher organizations etc.… There should not be any outside organizations’ funds accounted for in the extracurricular records because these groups’ funds do not meet the definition of an extracurricular fund per IC 20- 41.