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Business and Financial Policies and Procedures

10.6.4 Change the Amount of a Change Fund

Policy Statement

The fund custodian can increase or decrease the amount of a Change Fund.

Procedure

To change the amount of a Change Fund:
  1. Submit the Increase Fund Amount or Decrease Fund Amount form.
    • Submitting the form automatically generates an email to the unit head/supervisor or delegate who must reply indicating whether or not they approve the increase or decrease of the Change Fund.
  2. If the fund is being increased, USFSCO Cashier Office reviews the online request and notifies you when approved and when the funds can be picked up.
  3. If the fund is being decreased, return the excess funds to your campus USFSCO Cashier Office. Retain the receipt for your records.

Forms Used in this Procedure

Increase Fund Amount
Decrease Fund Amount

Additional Resources

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

Last Updated: February 19, 2016 | Approved: Senior Associate Vice President for Business and Finance | Effective: February 2008

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