Procedure 7.3.1 Accounting and Payroll
System Procedures
Chapter 7 - General Finance Provisions
for Board Policy 7.3
State employees may contribute to college- and university-affiliated foundations through payroll deduction. Each president or designee is responsible for establishing an appropriate administrative process for payroll deduction management. Each foundation must petition the board for authorization to receive gifts through payroll deduction.
NOTE: As of the Board of Trustees Meeting on November 15, 1995, the authority to approve employee payroll deductions to college and university foundations was delegated to the Chancellor. See the following Board Action: Employee Payroll Deductions for Approved Nonprofit State College and University Foundations.
Related Documents:
- Chapter 1D Office of Internal Auditing
- Policy 7.3 Financial Administration
- Procedure 7.3.2 Auxiliary Operations
- Guideline 7.3.2.1 Auxiliary Fund Accrual Financial Statements and Multi-year Financial Planning
- Procedure 7.3.3 Purchasing Cards
- Procedure 7.3.4 Cost Allocation
- Guideline 7.3.4.1 Cost Allocation and Implementation
- Procedure 7.3.5 Revenue Fund Management
- Procedure 7.3.6 Capital Assets
- Guideline 7.3.6.1 Capital Leases Involving Tax-Exempt Interest
- Procedure 7.3.7 Impairment of Capital Assets
- Procedure 7.3.12 Scholarships
- Procedure 7.3.13 Surplus Personal Property/Building Disposal
- Procedure 7.3.16 Finance Exception Reporting
- Procedure 7.3.17 Electronic Payments
- Guidelines for 7.3.17.1 Guideline for Payment Card Acceptance, Processing and Security
- Policy 7.4 Financial Reporting
- Policy 7.5 Financial Institutions and Investments
- Minnesota State Agency Digital Signature Implementation and Use, The Office of Enterprise Technology, IRM Standard 18
- M.S. Chapter 136F.526, Audits
- M.S. Chapter 136F.72, Funds
- M.S. Chapter 136A.1313, Financial Aid Audits
- M.S. Chapter 135A.30, Minnesota Academic Excellence Scholarships
Procedure History:
Date of Adoption: 3/21/95,
Date of Implementation: 3/21/95,
Date and Subject of Revisions:
07/09/09 - Procedure language was reviewed by the Chancellor, no amendments were made.
06/21/00 - Contains language formerly in Board policy 5.3
There is no additional HISTORY for 7.3.1 at this time.
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