6620 - PETTY CASH FUNDS

The following guidelines are to govern the use and control of petty cash funds:

1. Petty cash may be used to pay for materials, supplies, and expenses that are needed immediately, considered to be usual and legitimate expenses of the Corporation, and involve less than $500 for any one (1) item.

2. A claims voucher is to be completed each time the petty cash fund is replenished. The invoice, bill, or sales slip, is to be signed by the person making the purchase and attached to the voucher.