A petty cash fund shall be maintained by the school district in each building’s administrative office for incidental expenditures. The petty cash fund in each building shall not exceed $500.
It shall be the responsibility of the building principal to maintain and authorize expenditures from the petty cash fund.
Legal Reference: Iowa Code §279.8 (1991)
Cross Reference: 805 Expenditures
Approved: 4-23-92
Reviewed: 1-08-24
Revised: