Adoption Date: 1/8/1997, Revised: 10/10/2001; 2/27/2013
D - Fiscal Management

DK Penalty Charged for Insufficient Funds

Penalty Charged for Insufficient Funds

If a check in payment of a district service, fee or charge is not duly paid, there may be a penalty charged by the district in addition to any other penalty provided by law. Notice and demand will be issued by the district treasurer and a penalty will be in the amount of $25 for all checks up to $1,500. For insufficient funds over $1,500 there will be a penalty in an amount equal to one percent of such check.

Adopted January 8, 1997
Amended October 10, 2001
Amended February 27, 2013