DKB-P0 - Petty Cash Accounts

The Board authorizes the establishment of petty cash funds in the various schools subject to the following regulations and limitations.

1. Petty cash funds are to be used for the following purposes:

   1. Miscellaneous postage;

   2. Collect deliveries;

   3. Other small disbursements.

2. Petty cash funds are not to be used for the following purposes:

   1. Travel;

   2. Salaries and casual labour;

   3. Telephone;

   4. Loans to staff.

3. Petty cash funds will be replenished only upon presentation by the Principal of a Petty Cash Claim Form supported by proper receipts.

4. Petty cash funds must be reconciled and accounted for:

   1. Whenever the fund is depleted; or

   2. At the end of each month.

5. The Principal is responsible for the fund and any shortage.