DJB IMPREST FUNDS (Petty Cash Accounts)

Adoption Date: 6/23/1981, Revised: 7/12/1988
D - FISCAL MANAGEMENT

 

The Board shall authorize imprest funds (accounts) for schools and administrative offices to be used for the purchase of small emergency items (i.e. stamps, postage due, etc.). These accounts are not to be used for any purchase where regular requisitions and vouchers can be used. Each purchase must be properly supported by an invoice or charge slip, said documentation to be used to replenish the imprest account from the general fund.

 

The amount authorized for each imprest account will be determined by need, but should not exceed $100.00. If an amount in excess of $100.00 is required, the requirement must be documented and approved by the superintendent.