The District shall charge a reasonable fee for a check or draft which is dishonored after being properly presented by the District. The Associate Superintendent for Business Affairs pursuant to Policy 3530 is fully authorized to deal with uncollected or uncollectible accounts and in addition to the power and authority as provided by such policy is further authorized to establish the amount of the fee imposed on any dishonored item. However, the fee imposed by the Associate Superintendent for Business Affairs shall be a reasonable amount per item plus any fees imposed on the District by its financial institution. The Associate Superintendent for Business Affairs shall also have the authority to reject future payments by check or credit card from those persons or entities that have previously submitted a check or draft that was dishonored.
Uncollected or uncollectible accounts may be removed from the books of the District after approval of the Lincoln Board of Education by a consent agenda item or otherwise.