A5200.00 Expenditure Authorization

Statement

All expenditures at the College over $25,000 must be approved by the Board of Trustees.

All expenditures must be within the scope of the approved budget. Individuals authorized to approve expenditures are as follows:

      President – Up to $25,000
      Vice-Presidents – Up to $5,000

All expenditure approvals must be by written signature or electronic signature.

All capital outlay expenditures and budget transfers require written approval by the College President subject to Board ratification or approval.