All sources of revenue for school-sponsored athletics are accounted for in accordance with the financial guidelines of the school and subject to review by the HOS who has overall authority and oversight for such funds. This includes funds raised by the Geneva Booster Club, participation fees, ticket, concession and apparel sales, gifts and other fundraising activities.
All monies used in funding GSB athletic programs come through the school’s budget and are deposited into the school’s checking account. Funds are dispersed from the same account. All expenditures for team equipment, uniforms, practice facilities, game facilities and any other expenses are paid through the school funds. Coaches may pay for limited expenses out-of- pocket for convenience reasons but are reimbursed through the school’s financial systems. Any funds donated to the athletic program are deposited into the school’s checking account, and a receipt is given to donors for tax deduction purposes. All athletics related purchases must come from and be approved by the athletics department, items purchased through donation are considered property of the athletics department.