UMBC Home Page
Site Map Calendar Map Computing Library Directories  

Business Services Staff

Accounts Payable

Petty Cash

Travel

Information Technology

H1B VISA Fees Announcement

Working Fund Forms

Petty Cash/Change Fund Procedures

Working Fund Information
Updated 6-6-2007


A working fund is available to the campus for direct payment of vendors when specific circumstances exist. This fund can also be used for travel advances in accordance with current policy, when the balance in the fund is sufficient.

Each payment request is reviewed to ensure that it cannot be paid by another method (i.e. - procurement card, regular accounts payable cycle, etc). Payment requests will not be approved if they can be handled by any other method.

All payment requests are subject to rejection or delay if current funds are insufficient to meet all demands on the fund. For this reason, it is important to submit payment requests as early as possible.

Payments made through the Working Fund require the same level of documentation from your vendor as would be required if paid by the regular accounts payable cycle. All Working Fund payments are subject to the same State of Maryland accounting rules and regulations.

Please contact the Working Fund Custodian for further information regarding Working Fund policies and procedures.

1000 Hilltop Circle · Administration Building, 300· Baltimore, Maryland 21250
FinancialServices@umbc.edu · Fax: 410-455-1068 · Phone: 410-455-3882
Financial Services Home