Ohio Admin. Code 3358:5-11-01 - President's discretionary fund
(A) The treasurer is directed to establish a
president's discretionary fund for the purpose of receiving gifts or donations
from individuals, agencies, firms or groups, and transfer of funds from the
general operating budget.
(B) Funds
transferred from the general operating budget shall be used for expenditures
that serve a public purpose.
(C)
Other funds shall be used for expenditures that promote the president's office
and/or for activities which serve in the best interests of Clark state
community college.
(D) The president and treasurer are
authorized to cosign all withdrawals from said fund which shall be segregated
in a separate bank account.
Notes
Promulgated Under: 111.15
Statutory Authority: 3358.
Rule Amplifies: 3358.
Prior Effective Dates: 01/28/1978, 07/01/1998, 10/13/2000, 03/18/2015, 10/23/2015
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(A) The treasurer is directed to establish a president's discretionary fund for the purpose of receiving gifts or donations from individuals, agencies, firms or groups, and transfer of funds from the general operating budget.
(B) Funds transferred from the general operating budget shall be used for expenditures that serve a public purpose.
(C) Other funds shall be used for expenditures that promote the president's office and/or for activities which serve in the best interests of Clark state college.
(D) The president and treasurer are authorized to cosign all withdrawals from said fund which shall be segregated in a separate bank account.
Replaces: 3358: 5-11-10
Notes
Promulgated Under: 111.15
Statutory Authority: 3358
Rule Amplifies: 3358
Prior Effective Dates: 1/28/78, 7/1/98, 10/13/00, 3/18/15