RIVER VALLEY SCHOOL DISTRICT
660 West Daley Street, Spring Green, WI 53588 (608) 588-2551

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POLICY MANUAL -
Series 600 - FISCAL MANAGEMENT

Policy #655 - Raffles

Use of the District Raffle License may be granted by the River Valley Board of Education in accordance with State and Federal statutes and approval of the Business Manager.  Requests to conduct a raffle should be submitted to the Business Manager for approval.  Appropriateness of the raffle and the purpose of the funds to be raised will be considered in granting approval.  The overall limit of raffles allowed by Wisconsin statutes in the School District per calendar year will be monitored by the Business Manager.  All requests to use the raffle license will support student programs, benefit students in River Valley School District, and will comply with all State and Federal regulations.  The limits described in Wisconsin Stats. 563.91 will be administered on a first-come first-served basis.  These limits are a maximum of 200 raffles and one calendar raffle per year. 

 

Each organization is required, within 30 days after the completion of its approved raffle, to report to the District Administration Office the following information:                          

 

          1) The date of the raffle

          2) Gross receipts from the raffle

          3) The amount of prizes paid out

          4) The net profit or loss from the raffle

          5) Other expenses paid

 

Failure to provide this information may result in the rejection of future requests to utilize the district license and the organization will be subject to all State and Federal penalties.

 

LEGAL REF.:  Section 563.91 Wisconsin Statute

 

APPROVED:            May 14, 1992

REVISED:                 February 24, 1997

APPROVED:            March 31, 1997

 

 

12/21/2004 pw