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Policy: II.E.3x (inactive)

Issued: June 15, 1987

Owner: Accounting Services

Latest Revision: March 3, 2000



For Current Policies:
Policy Table of Contents


This policy has been migrated to the standardized format.

1.0 Purpose

This policy describes the general guidelines for managing University cash balances.

2.0 Policy [Top]

2.1 Responsibility

It is the responsibility of Accounting Services:

2.2 Negative Cash Balances (Cash Deficits)

The department head must request authorization for cash deficits from the Director of Accounting Services.

2.3 Working Capital Advances

Funds may be transferred from school or departmental accounts not restricted as to purpose to function as working capital advances to local support service centers. Application to make such a transfer should be by memorandum to the Director of Accounting Services.

3.0 Definitions [Top]

The term 'cash balance' shall be defined to include any cash position, either positive or negative, in a University account or University-controlled bank account.

4.0 References [Top]

5.0 Approvals and Revisions [Top]

       Previous version in effect from 6/15/87 to 3/3/00 available in policy archive.

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