A5200.20 Disbursements


Type: Administrative
Related Policies: A5200
Linked Procedures:
Related Laws:
Related Standards:
HLC Criterion:



The Chief Financial Officer is authorized to make payments on invoices and contract commitments received from vendors for approved expenditures as necessary, with review and ratification of these disbursements to be made by the Board of Trustees at its next regular meeting.

This disbursement shall be made only upon express authorization by the Board:

  1. Expenditures which, in the judgment of the President, should be made only upon authorization by the Board.

Other disbursements for approved expenditures, including budgeted payroll obligations for Board approved employees, may be made by the Chief Financial Officer. Such disbursements must conform to the legal budget and College policies and have supporting documentation.

Revised:  July 2016


Change Log
Date Description of Change Governance Unit