In accordance with the Charter of Knox County and all applicable local, state, and federal guidelines, the Director of Schools shall maintain a system of fund accounting, organized according to the regulations prescribed by the Tennessee Commissioner of Education, and that provides a detailed and accurate accounting for all receipts and disbursements of the district.

The Board authorizes each school under its jurisdiction to receive activity and other internal funds, such as athletic gate receipts and school class funds.

Legal References:  
1. T.C.A. § 49-2-301 (b)(D). 
2. T.C.A. § 49-2-110(a). 

Approved as to Legal Form 
By Knox County Law Director 1/11/2024 
/Gary. T. Dupler/Deputy Law Director