COMPTROLLER'S SEAL STATE OF CONNECTICUT

STATE OF CONNECTICUT

NANCY WYMAN
COMPTROLLER
OFFICE OF THE STATE COMPTROLLER
55 ELM STREET
HARTFORD, CONNECTICUT 06106-1775
MARK OJAKIAN
DEPUTY COMPTROLLER

MEMORANDUM NO. 2008-10

April 9, 2008

TO THE HEADS OF ALL STATE AGENCIES

Attention: Chief Administrative and Fiscal Officers, and Business Managers
Subject: New Petty Cash Exception Procedure

I. PURPOSE
The purpose of this memorandum is to notify agencies of a new procedure for requesting an exception to the $50 limit for the use of petty cash.

II. AUTHORITY
Section 3-112 of the Connecticut General Statutes gives the Comptroller the authority to establish petty cash funds and procedures for such petty cash funds.

III. NEW PROCEDURE
The State Accounting Manual states that petty cash funds are intended to facilitate departmental or agency purchases of small, but necessary operating items, not to exceed $50, except for emergencies or specific exceptions granted by the State Comptroller, based upon the peculiar needs of an agency. The new procedure for requesting an exception to the $50 limit is that an agency must send an e-mail directed to OSC.Pettycash@po.state.ct.us. Agencies should not e-mail such requests to the Director of the Fiscal Policy Division. This change in procedure is effective immediately.

IV. QUESTIONS
Please direct any questions concerning this memorandum to the Fiscal Policy Division at (860) 702-3440.

NANCY WYMAN
STATE COMPTROLLER

NW:CH

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