The College will not maintain a petty cash fund, but will have an administrative checking account limited to $1,000.  This account will require only one signature of the following: President or Vice President of Business Affairs.  The purpose of this account will be for the payment of cash-type purchases.

History:

Adopted: Policy has been in place prior to Sept. 2003
Reviewed: 9/2020
Revised: 10/16/2020, 6/13/2025