The use of petty cash as a form of payment expedites minor purchases and minimizes accounting costs. Expenditures of $50 or less (including sales tax) can be made through the use of petty cash. Petty cash shall only be used when the expenditure is clearly for a public purpose as defined by the North Carolina Constitution, and the individual initiating its use is certain that the funds have been appropriated. Petty cash shall not be used for purchases that exceed the $50 limit without the prior approval of the Finance Director or his or her designee.
(Ord. 2017-15, passed 3-6-2017)