Organization: Policies

EXPENSE PROCEDURE

1. Checks, except for regular straight time payroll, shall only be issued after expense is approved.
2. All invoices, except those for expenses of the executive director, shall be approved by the executive director.
3. Expenses of the executive director shall be approved by one of the co-chairs.
4. Checks below $5000 require one signature of either a cochair or the treasurer.
5. Checks $5000 or above require two signatures from cochairs and/or treasurer.
6. Under no circumstances may a trustee who approves payment be a signature on the check.