Download Petty Cash Accounts

ARMSTRONG SCHOOL DISTRICT
BOARD POLICY
==================================================================
Section:
FINANCES
Policy No.:
617
Date Adopted: March 21, 1988
Title:
Petty Cash Accounts
Last Revision: August 10, 2015
Purpose
A petty cash system shall be established by the Board of School Directors. Petty cash
shall be used for minor items which can be more efficiently paid in cash rather than
through formal purchasing procedures.
Authority
The Board authorizes the Superintendent and Director of Business Affairs to establish
procedures for the operations of the Petty Cash Accounts, pursuant to this policy and
state laws. The designated custodian of the Petty Cash Account is responsible for the
operation and propriety of the funds in accordance with policy and procedures.
Guidelines
The building petty cash accounts within the Armstrong School District shall be
established as follows:
LOCATION
Dayton Elementary
Elderton Elementary
Lenape Elementary
West Hills Primary
West Hills Intermediate
Shannock Valley Elementary
Armstrong High School
West Shamokin High School
$150.00
150.00
200.00
200.00
200.00
150.00
200.00
200.00
PRINCIPAL
PRINCIPAL
PRINCIPAL
PRINCIPAL
PRINCIPAL
PRINCIPAL
PRINCIPAL
PRINCIPAL
Administration Building
$200.00
DIRECTOR OF
BUSINESS AFFAIRS
Policy 617 – Petty Cash Accounts (cont’d)
Page 2
▪
The single expenditure limit for the administration offices and elementary schools
and secondary schools is $50.00.
▪
Reimbursement of Petty Cash Account expenditures will be made upon
presentation by the custodian of properly executed detailed receipts and forms.
The Food Service petty cash accounts within the Armstrong School District shall be
established as follows:
LOCATION
Food Service
$500.00
Armstrong Jr-Sr High School
75.00
Dayton Elementary
35.00
Elderton Elementary
35.00
Lenape Elementary School
50.00
Shannock Valley Elementary School
35.00
West Hills Intermediate School
35.00
West Hills Primary School
35.00
West Shamokin Jr-Sr High School
75.00
MANAGERS