On June 16, 2026, the board is scheduled for a second reading of revised Policy 2.400 Revenues, which now explicitly addresses collection of funds through online payment and introduces cash rounding procedures due to discontinuation of pennies. The new draft leaves a placeholder for the vendor name for electronic collections and requires principals to submit plans for using the system, including reconciliation and receipt processes. This signals that the district either plans to formalize or change its electronic payments provider for items like fees, activities, and school sales, and must align procedures with the Tennessee Internal School Funds Manual. Payment processing and school e-commerce vendors can position solutions that meet K-12 internal controls, provide easy receipting and reconciliation, and support the new rounding requirements for cash transactions.

The prior version specified use of The Square; the revised version uses a placeholder, suggesting th...