Winston-Dillard School
District 116
Readopted: 7/10/02
Petty cash funds may be
established annually up to the amount of $100 for each school building and for
the central administrative office. Such
funds shall be used for the payment of properly itemized bills of nominal
amounts and under conditions calling for immediate payment. Allowances, responsibility, security, and
accounting of petty cash funds shall be in accordance with board policy and
requirements of law.
Petty cash funds shall not be used to
circumvent established purchasing procedures, but shall be used as a
convenience for immediate purchases of low-cost goods and services in an
efficient manner.
All petty cash must be accounted for by
filing vouchers that show the nature of the purchases, from whom purchased, and
the date with the business office. The
superintendent or designee shall issue a renewal of petty cash funds upon the
presentation of vouchers required as above.
Legal Reference:
ORS 294.311