Section D
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- Policies by Section
- DA: Fiscal Management Goals
- DB: Annual Budget and Appropriations
- DBD: Budget Planning
- DD: Funding Proposals and Applications
- DE: Revenue from Tax Sources
- DFA: Revenues from Investment
- DGA: Authorized Signatures
- DH: Bonded Employees and Officers
- DI: Fiscal Accounting and Reporting
- DIB: Types of Funds
- DID: Inventories
- DIE: Audits
- DJ: Purchasing Objectives
- DJB: Petty Cash Accounts
- DJC: Bidding Requirements
- DJCD: Bonding Requirements
- DJF: Purchasing Procedures
- DJH: Credit Cards
- DK: Payment Procedures
- DLC: Expense Reimbursements for District Personnel and Board Members
- DM: Cash in School Buildings
- DN: Property Disposal
- DO: Use of Public Funds To Provide Non-Salary Benefits
- Cleveland Metropolitan School District
- DJB: Petty Cash Accounts
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DJB: Petty Cash Accounts
Policy
The Board authorizes the Chief Executive Officer (CEO) and/or their designee to create petty cash accounts allowing certain administrators to request monies for purchases relating to District purposes. The CEO shall designate who can use the accounts, the amount of money that may be placed in the accounts as well as the procedures and requirements for requesting monies and replenishing the accounts.
Account access is limited to only those individuals who have a job-related need to use these accounts. Any person using the accounts must keep a written log, which is to be turned in each year to the appropriate department.
Annually, the CEO and/or their designee establishes the amount of money to be placed in the accounts. The CEO and/or their designee’s approval is needed to replenish the accounts. No major purchases may be made from the accounts.
Any administrator who ignores procedures and does not take prudent measures to ensure that proper security is maintained, may be held personally liable for losses.
History
- Adopted: May 16, 2002
- Amended: December 17, 2019
Legal References