(a) Unless the comptroller specifically directs otherwise under § 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.

Terms Used In Texas Government Code 403.246

  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(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.

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