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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 4. EXECUTIVE BRANCH |
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Subtitle A. EXECUTIVE OFFICERS |
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Chapter 403. COMPTROLLER OF PUBLIC ACCOUNTS |
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Subchapter K. PETTY CASH ACCOUNTS |
Sec. 403.246. AMOUNT OF PETTY CASH ACCOUNT
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(a) Unless the comptroller specifically directs otherwise under Section 403.249, the monetary limits in this section apply to petty cash accounts under this subchapter.
(b) A petty cash account established for changing currency may not exceed $500.
(c) A petty cash account established for making minor disbursements by the central office of a state agency may not exceed $1,000.
(d) A petty cash account established for making minor disbursements by offices other than the central office of a state agency may not exceed $500.
(e) A petty cash account established for advancing travel expense money to state officers and employees may not exceed one-twelfth of a state agency's expenditures for travel in the immediately preceding fiscal year.
(f) A petty cash account established for a purpose or a combination of purposes the agency considers prudent for conducting state business may not exceed the amounts determined by the comptroller as necessary for the efficient operation of the agency.