(a) A program provider may maintain a petty cash fund with a portion of the personal funds maintained in the pooled checking account for the purpose of providing an individual with small amounts of cash, typically five dollars or less.
(b) A program provider must:
  (1) maintain the petty cash fund in a secure place;
  (2) set a dollar limit on the amount of a disbursement from the petty cash fund;
  (3) reconcile the petty cash fund at least monthly;
  (4) maintain a ledger of petty cash fund transactions that documents each deposit and disbursement; and
  (5) include the following information in the ledger for each disbursement:
    (A) name of the individual;
    (B) date of the disbursement;
    (C) amount of the disbursement; and
    (D) signature of the individual or LAR or, if the individual or LAR is unable to sign the ledger, at least one witness.

Source Note: The provisions of this §260.259 adopted to be effective February 26, 2023, 48 TexReg 896