Policies and Procedures

POLICY 3510A:
AUTHORITY TO ISSUE PAYROLL WARRANTS

The Board of Trustees authorizes the Administration to issue payroll and payroll related warrants to employees and to Governmental Agencies prior to specific Board approval of the expenditure.

Alternatively, the Board of Trustees authorizes these payments described above to be made via electronic funds transfer. 

See following page for procedure.

 

Adopted  July 19, 1989
Revised  March 27, 1997

 

PROCEDURE 3510A:
AUTHORITY TO ISSUE PAYROLL WARRANTS

The Board of Trustees authorizes the Administration to issue payroll and payroll related warrants to employees and to Governmental Agencies prior to specific Board approval of the expenditure.

Alternatively, the Board of Trustees authorizes these payments described above to be made via electronic funds transfer. If funds are transferred in this manner, vouchers for payroll-related funds transfers to Governmental Agencies will subsequently be prepared for Board approval.

Upon approval of the annual budget, the Board approves the expenditure of College monies for payroll purposes.

At the time the Board considers/approves all expenditures of the College during each regular Board meeting, expenditures for payroll shall also be approved.

Adopted July 19, 1989
Revised March 27, 1997