• Deposit and Withdrawal of Funds By Clubs and Organizations: AR-7020-I

  • Section 7000: Students
    Deposit and Withdrawal of Funds
    By Clubs and Organizations

    Administrative Regulation: AR-7020-I

    President’s Cabinet (PC) Approval: 3/5/96
    Revised: 8/11/98
    Clubs and special organizations are encouraged to form at Mt. Hood Community College (MHCC) in order to complement the curricular programs of the College. Student organization incentive/club funds exist to support and enrich student club and student organizations’ educational goals, to provide for social and personal development activities of students, expose students to broad moral and ethical ideology, facilitate the development of community and a value for diversity and to facilitate financial transactions and ensure accurate accounting of group resources. All student organizations are required to utilize the incentive / club account system for their finances. Off-campus banking is not allowed.
    1. Deposits
      Student organizations may deposit funds with the bookkeeper at the College Center Information Desk. The accounting procedures of the College will be followed.
    2. Withdrawals
      1. The signatures of two student leaders and the adviser are required for withdrawal of club incentive account funds.
      2. The adviser for each student organization will provide the Associated Student Government (ASG) bookkeeper with signature cards listing the names of student leaders authorized to request disbursement of funds.
      3. Registered Student Clubs recognized through Associated Students of Mt. Hood Community College (ASMHCC) can spend funds on anything that the club chooses within the confines of campus policy and local, state and federal laws. Club funds should not be spent on non-student activities, or activities, supplies or facilities typically funded with district funds.