The petty cash fund custodian is responsible for the cash accountability, its safekeeping, proper usage, and knowledge of these instructions. Keeps the fund intact, physically separate, and does not mix it with any other funds. Keeps the fund under lock and key at all times, with the key in the custodian's possession. Does not use petty cash funds as change funds. Does not use petty cash funds for wages, personal services, cashing checks, meals, or travel.
Exercises caution in the administration and protection of the fund.
Is required to notify the Office of Student Accounts and Cashiers immediately upon being relieved of responsibility or of a change in office address. Is personally liable for cash losses and discrepancies in the fund. Secures a receipt for each expenditure. Reimburses only for funds actually expended. The custodian is responsible for and must repay any money lost because he or she did not properly safeguard the fund or allowed it to be improperly used.