Policy 3530

Funds Management

Uncollected or Uncollectible Accounts

Reviewed and affirmed by the Board:  3/26/2024
Last Revision
Original publish date: 01/26/2010
Related policies & regulations:  
Legal references:  

  

Uncollected or Uncollectible Accounts

 

A listing of uncollected and uncollectible accounts shall be maintained by the Associate Superintendent for Business Affairs which accounts are to be reported to the Lincoln Board of Education periodically or upon specific request.  The Associate Superintendent for Business Affairs is hereby delegated full power and authority in his/her discretion to deal with or attempt to collect these accounts, which authority includes but is not limited to oral or written attempts to collect, imposing a reasonable fee or service charge for late or dishonored checks or drafts, rejecting future credit transactions from persons or entities with late or dishonored payments, turning these accounts over for collection to district legal counsel or a collection agency, filing claims with bankruptcy court or other administrative or judicial bodies, authorizing and pursuing litigation, approving settlements and any other action deemed appropriate.

 

After reasonable efforts at collection have failed, the Associate Superintendent for Business Affairs is hereby delegated full power and authority in his/her discretion after advance notice to the Board to remove uncollectible accounts from the books of the District.

 

Student Meal Debt

 

The Associate Superintendent for Business Affairs is not authorized to utilize an outside collection agency for an uncollected or uncollectible account in which the negative balance is accumulated from the purchase of student meals.