Petty Cash Funds | Policy 5530

The Board authorizes the establishment of petty cash funds in the amount of (Amount Not to Exceed $100). Funds will be established in the following locations:

As set forth by the Board of Education at its annual organization meeting.

Petty cash receipts must be maintained for all petty cash expenditures made from the accounts. Items which normally should be ordered through requisitions and purchase orders should not be purchased using the petty cash funds except in an emergency. The District’s Business Official is responsible for the monitoring of the funds in accordance with State Education Department guidelines.

Amended 03/27/06