||Bills will be reviewed for payment on a weekly basis by Administrative Services and approved for payment according to the purchasing authorization guidelines in Board Policy 204. The Board of Trustees will approve the payment of bills at regular meetings from a voucher list prepared by Administrative Services.
||All checks drawn on College funds require the signature of an administrative officer. The signature of the College President or a member of the Board of Trustees is required on checks of $15,000 or more, except for checks related to payroll withholdings which are excluded from the second signature requirement.
||All College funds (receipts and disbursements) will be channeled through Administrative Services so they may be properly recorded and accounted.
Policy Code Key
Content Owner: Donna Davis - firstname.lastname@example.org
Page Updated by: Jessica Trimborn
Date Issued: 8/93
Date Revised: 6/00, 2/01, 2/19/09, 02/08/2011