PETTY CASH ACCOUNTS DELETE Policy Code: 8420
Petty cash funds may be established for schools, central office units and special programs only with the prior written approval of the finance officer and the superintendent. Expenditures against these funds must be itemized, documented with receipts, and charged to the applicable budget code. After a budget item is exhausted, no expenditures against the item may be made from petty cash.
Legal References: G.S. 115C-435, -436, -445, -448
Revised: December 10, 2007