Ohio Administrative Code
Title 3358:5 - Clark State College
Chapter 3358:5-11 - College Policies on Expenditures, Technology In General
Section 3358:5-11-01 - President's discretionary fund

Universal Citation: OH Admin Code 3358:5-11-01

Current through all regulations passed and filed through September 16, 2024

(A) The treasurer is directed to establish a president's discretionary fund for the purpose of receiving gifts or donations from individuals, agencies, firms or groups, and transfer of funds from the general operating budget.

(B) Funds transferred from the general operating budget shall be used for expenditures that serve a public purpose.

(C) Other funds shall be used for expenditures that promote the president's office and/or for activities which serve in the best interests of Clark state college.

(D) The president and treasurer are authorized to cosign all withdrawals from said fund which shall be segregated in a separate bank account.

Replaces: 3358: 5-11-10

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