DJC – Petty Cash Accounts

Petty cash funds may be established for schools, the SAU office, and special programs when they will expedite the purchase of minor items and/or provide immediate payment for minor services.

Expenditures against these funds must be itemized and documented with receipts and will be charged to the applicable budget code. After a budget item is exhausted, no expenditures against the item may be made from petty cash.

Authorization for the disbursement of petty cash funds must be signed by the principal and approved by the Business Administrator.

All petty cash accounts will be subject to the annual audit.

Category: R

1st Board Reading: August 14, 2001
Board Adoption: September 18, 2001
Amended: September 18, 2012