Business and Financial Policies and Procedures
 

Change the Amount of a Petty Cash Fund

Before You Begin

The amount of a petty cash fund can be increased or decreased. However, there is still a $1,000 limit.

Begin

To change the amount of a petty cash fund:

  1. The custodian completes the Change Petty Cash/Change Fund Amount form that is online at the USFSCO Petty Cash & Change Funds website.
  2. If the fund is being decreased, return the excess funds to your campus University Student Financial Services and Cashier Operations (USFSCO) promptly.
  3. If the fund is being increased, USFSCO reviews the online request and notifies the custodian when approved and when the funds can be picked up.

 

Forms Used in this Procedure

Change Petty Cash/Change Fund Amount

Additional Resources

USFSCO Petty Cash & Change Funds
Campus USFSCO Office locations and hours:
    Urbana
    Chicago
    Springfield

 

Last Updated: October 21, 2011 | Approved: Senior Associate Vice President for Business and Finance - February 2008