Elementary After School Activities Fund. There shall be an In District Elementary After School Activity Fund established by the Board of Education in the sum of $5,000 contributed yearly. Elementary Activity Funds will be allotted for afterschool activities. Unexpended monies will carry over to the following budget year, and a cap of $20,000 will be established for this funding. 37-3-1: Dates for Application and stipend pay out are as follows: Fall Dates: September 1 Applications available September 10 Applications deadline September 15 Committee Decision/Notification January 15 Verification of Completion to Principal January 25 Stipend paid out Spring Dates: January 5 Application available January 15 Applications deadline January 22 Committee Decision/Notification May 15 Verification of Completion to Principal May 25 Stipend paid out