|Policy on Authorization for Expenditures|
Policy on Authorization for Expenditures
Designated staff members of the Northville District Library are authorized to expend funds for budgeted expenses up to the amount of $1,000, via check, Automated Clearing House arrangement or electronic transactions of funds.
Expenditures in the amount of $1,000 or more must receive Board approval prior to disbursement. Checks and related authorization forms for expenditures over $1,000 require two signatures, one of which must be the Board Treasurer or other designated Board member.
Approved by the Board of Trustees March 25, 2004
Revised by the Board of Trustees Nov. 17, 2005