Associated Student Body Funds
Associated Student Body (ASB) funds are public monies raised on behalf of students and are used for optional, extra-curricular events of a cultural, athletic, recreational, or social nature. The ASB Fund is used to collect primarily student and some non-student funds for student-directed activities. This fund is considerably smaller than the other funds and can therefore vary significantly across years. Typically, the fund is budgeted fairly conservatively, given that student activities are not completely known at the time of budgeting. In general, carryover amounts from one year to another are due to anticipated expenditures for student activities which take more than a year of fundraising. Note that the ASB fund is completely independent of the other funds and is treated as a stand-alone account managed by and for student clubs and activities. Student involvement in the decision-making processes related to the use of this money is an integral part of the associated student body, except that the board may delegate the authority to a staff member to act as the associated student body for any school that does not contain a grade higher than grade six. ASB club constitutions will provide for participation by ASB representatives in the decisions to budget for and disbursement of ASB Fund money. Schools may have an assigned staff member serving as the ASB secretary, and the fund is centrally audited and overseen by the District Business Services office.
Associated Student Body Fund Reports
Per WA State law, "each school district that has an associated student body fund must post the following information about their ASB program fund on the school or district website:
- The fund balance at the beginning of the school year;
- Summary data about expenditures and revenues occurring over the course of the school year; and
- The fund balance at the end of the school year.
Information must be published for each associated student body of the district and each account within the associated student body program fund. The website must include information from the last five academic years (RCW 28A.325.050)." These financial reports reflect the detailed ASB account balances for each school. Beginning balances are as of September 1 and ending balances are as of August 31 each year. These reports are unaudited and may not reflect final ending balances for the year.