1110.030 Petty Cash & Change Fund
This policy is to provide the governance framework for establishing, replenishing, and closing of all petty cash and change funds. The University authorizes departments to establish a petty cash or change fund to provide immediate funds to make change or for emergency, non-recurring expenditures with a dollar limitation of $50 per disbursement. All legal restrictions which apply to other disbursements by the University apply to the petty cash fund.
Under justifiable exceptions, departments may be allowed to maintain a petty cash fund or change fund upon approval of the University Controller or his/her designee
Published on 2009-10-05
Administrative Oversight & Contact Information
Assoc. VP & Controller
- Phone: 305-348-2161