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705.7 Petty Cash

Code No. 705.7

PETTY CASH

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 be a minimal amount.

It shall be the responsibility of the building administrator to maintain and authorize expenditures from the petty cash fund.

Legal Reference:          

Iowa Code § 279.8 

Approved 9-13-93       Reviewed 8-19-13       Revised  1-18-2021