Welcome to KEV Group

Specialists in School Activity Funds;

Partners in Peace of Mind!

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Our team of highly qualified personnel has experience and can help your District "bridge-the-gap" between your current policies/procedures to align them with Best Practices. We can help bring order and efficiency to the management of your school activity funds. Our staff will show you how to: increase transparency reduce fraud reduce errors provide more timely reporting improve year end reporting to the state How to Increase District Wide Transparency (and watch for trends) Have comparability between Schools and School Years Ensure schools stay current with their Monthly Bank Reconciliations Cross Reference reconciled bank balances with photocopies of requested monthly Bank Statements Review deposits taken to the bank – if checks are being deposited, but not much cash, this is a Red Flag Adopt a 3-part numerized receipt system (teacher to student, office to teacher, bank to office) Ensure the deposit receipt numbers can be researched on the ledger Create an authority process/sign off for all Disbursements Spot check transactions to ensure compliancy with policies and procedures (invoices, receipts) Implement an easy-to-use web-based system that provides easy access and opens query abilities District Procedures to Consider: Permitting only ONE Checking account for all School Activity Funds Principal has to sign both the Bank Rec. & Monthly Bank Statement and send into the District office Consider adopting a "standard" chart of accounts Floor Mounted Safes (for added security) Have Principals prepare a Budget Projection for all clubs, activities and sports events Ensure PTA/PTO members follow the same rules/guidelines for managing Bank Accounts