{"id":24644,"date":"2022-03-28T14:51:07","date_gmt":"2022-03-28T18:51:07","guid":{"rendered":"https:\/\/www.wpcc.edu\/policy-manual\/?page_id=24644"},"modified":"2022-06-27T11:26:58","modified_gmt":"2022-06-27T15:26:58","slug":"06-02-080-disbursement-of-funds","status":"publish","type":"page","link":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/","title":{"rendered":"06.02.080 \tDisbursement of Funds"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.22&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_fullwidth_header title=&#8221;Policy&#8221; subhead=&#8221;06.02.080 Disbursement of Funds&#8221; text_orientation=&#8221;right&#8221; content_max_width=&#8221;none&#8221; admin_label=&#8221;Fullwidth Header&#8221; _builder_version=&#8221;4.14.4&#8243; title_font_size=&#8221;44&#8243; subhead_font_size=&#8221;24px&#8221; background_color=&#8221;#346fab&#8221; custom_css_header_container=&#8221;margin-bottom: -140px !important;||margin-right: 20px !important;&#8221; button_one_letter_spacing_hover=&#8221;0&#8243; button_two_letter_spacing_hover=&#8221;0&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;on&#8221; button_one_letter_spacing__hover=&#8221;0&#8243; button_two_letter_spacing__hover_enabled=&#8221;on&#8221; button_two_letter_spacing__hover=&#8221;0&#8243; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;]&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<br \/>\n[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.22&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_3,2_3&#8243; admin_label=&#8221;row&#8221; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_sidebar area=&#8221;et_pb_widget_area_119&#8243; admin_label=&#8221;Sidebar&#8221; _builder_version=&#8221;4.14.4&#8243; hover_enabled=&#8221;0&#8243; remove_border=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;] [\/et_pb_sidebar][\/et_pb_column][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.14.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; global_colors_info=&#8221;{}&#8221;]Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain funds in interest-bearing accounts for the longest appropriate period of time. This allows the college and the state to recognize the maximum earning potential on their funds. This is not intended to encourage late payments or have a negative impact on relationships with firms who, in good faith, supply goods and services to the college.<\/p>\n<p>Adopted:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>February 2022<\/strong><\/p>\n<p>Legal Reference:\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 N.C.G.S. \u00a7\u00a7 115D-58.3 and -58.4<\/p>\n<p>&nbsp;<\/p>\n<p>Review\/Updated:<\/p>\n<p>&nbsp;<br \/>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; &nbsp; &nbsp; Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain funds in interest-bearing accounts for the longest appropriate period of time. This allows the college and the state to recognize the maximum [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"footnotes":""},"class_list":["post-24644","page","type-page","status-publish","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Policy 06.02.080 Disbursement of Funds Section 6: Business Services 06.02.080 Disbursement of Funds 06.02.080.a Funding Sources 06.02.080.b Disbursement Methods 06.02.080.c Prohibited Expenditures Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.0.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Western Piedmont Community College - 1001 Burkemont Avenue, Morganton, NC 28655\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"06.02.080 Disbursement of Funds - Western Piedmont Community College\" \/>\n\t\t<meta property=\"og:description\" content=\"Policy 06.02.080 Disbursement of Funds Section 6: Business Services 06.02.080 Disbursement of Funds 06.02.080.a Funding Sources 06.02.080.b Disbursement Methods 06.02.080.c Prohibited Expenditures Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2022-03-28T18:51:07+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2022-06-27T15:26:58+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"06.02.080 Disbursement of Funds - Western Piedmont Community College\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Policy 06.02.080 Disbursement of Funds Section 6: Business Services 06.02.080 Disbursement of Funds 06.02.080.a Funding Sources 06.02.080.b Disbursement Methods 06.02.080.c Prohibited Expenditures Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/06-02-080-disbursement-of-funds\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/06-02-080-disbursement-of-funds\\\/#listItem\",\"name\":\"06.02.080 \\tDisbursement of Funds\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/06-02-080-disbursement-of-funds\\\/#listItem\",\"position\":2,\"name\":\"06.02.080 \\tDisbursement of Funds\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual#listItem\",\"name\":\"Home\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/#organization\",\"name\":\"Western Piedmont Community College\",\"description\":\"1001 Burkemont Avenue, Morganton, NC 28655\",\"url\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/06-02-080-disbursement-of-funds\\\/#webpage\",\"url\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/06-02-080-disbursement-of-funds\\\/\",\"name\":\"06.02.080 Disbursement of Funds - Western Piedmont Community College\",\"description\":\"Policy 06.02.080 Disbursement of Funds Section 6: Business Services 06.02.080 Disbursement of Funds 06.02.080.a Funding Sources 06.02.080.b Disbursement Methods 06.02.080.c Prohibited Expenditures Disbursements of funds are dependent upon adequate cash availability and the rules\\\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/06-02-080-disbursement-of-funds\\\/#breadcrumblist\"},\"datePublished\":\"2022-03-28T14:51:07-04:00\",\"dateModified\":\"2022-06-27T11:26:58-04:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/#website\",\"url\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/\",\"name\":\"Western Piedmont Community College\",\"description\":\"1001 Burkemont Avenue, Morganton, NC 28655\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.wpcc.edu\\\/policy-manual\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"06.02.080 Disbursement of Funds - Western Piedmont Community College","description":"Policy 06.02.080 Disbursement of Funds Section 6: Business Services 06.02.080 Disbursement of Funds 06.02.080.a Funding Sources 06.02.080.b Disbursement Methods 06.02.080.c Prohibited Expenditures Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain","canonical_url":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.wpcc.edu\/policy-manual#listItem","position":1,"name":"Home","item":"https:\/\/www.wpcc.edu\/policy-manual","nextItem":{"@type":"ListItem","@id":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/#listItem","name":"06.02.080 \tDisbursement of Funds"}},{"@type":"ListItem","@id":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/#listItem","position":2,"name":"06.02.080 \tDisbursement of Funds","previousItem":{"@type":"ListItem","@id":"https:\/\/www.wpcc.edu\/policy-manual#listItem","name":"Home"}}]},{"@type":"Organization","@id":"https:\/\/www.wpcc.edu\/policy-manual\/#organization","name":"Western Piedmont Community College","description":"1001 Burkemont Avenue, Morganton, NC 28655","url":"https:\/\/www.wpcc.edu\/policy-manual\/"},{"@type":"WebPage","@id":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/#webpage","url":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/","name":"06.02.080 Disbursement of Funds - Western Piedmont Community College","description":"Policy 06.02.080 Disbursement of Funds Section 6: Business Services 06.02.080 Disbursement of Funds 06.02.080.a Funding Sources 06.02.080.b Disbursement Methods 06.02.080.c Prohibited Expenditures Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.wpcc.edu\/policy-manual\/#website"},"breadcrumb":{"@id":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/#breadcrumblist"},"datePublished":"2022-03-28T14:51:07-04:00","dateModified":"2022-06-27T11:26:58-04:00"},{"@type":"WebSite","@id":"https:\/\/www.wpcc.edu\/policy-manual\/#website","url":"https:\/\/www.wpcc.edu\/policy-manual\/","name":"Western Piedmont Community College","description":"1001 Burkemont Avenue, Morganton, NC 28655","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.wpcc.edu\/policy-manual\/#organization"}}]},"og:locale":"en_US","og:site_name":"Western Piedmont Community College - 1001 Burkemont Avenue, Morganton, NC 28655","og:type":"article","og:title":"06.02.080 Disbursement of Funds - Western Piedmont Community College","og:description":"Policy 06.02.080 Disbursement of Funds Section 6: Business Services 06.02.080 Disbursement of Funds 06.02.080.a Funding Sources 06.02.080.b Disbursement Methods 06.02.080.c Prohibited Expenditures Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain","og:url":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/","article:published_time":"2022-03-28T18:51:07+00:00","article:modified_time":"2022-06-27T15:26:58+00:00","twitter:card":"summary","twitter:title":"06.02.080 Disbursement of Funds - Western Piedmont Community College","twitter:description":"Policy 06.02.080 Disbursement of Funds Section 6: Business Services 06.02.080 Disbursement of Funds 06.02.080.a Funding Sources 06.02.080.b Disbursement Methods 06.02.080.c Prohibited Expenditures Disbursements of funds are dependent upon adequate cash availability and the rules\/regulations for the requested disbursement based on the funding source. The objective of managing disbursements is to maintain"},"aioseo_meta_data":{"post_id":"24644","title":null,"description":null,"keywords":[],"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":[],"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":"{\"article\":{\"articleType\":\"BlogPosting\"},\"course\":{\"name\":\"\",\"description\":\"\",\"provider\":\"\"},\"faq\":{\"pages\":[]},\"product\":{\"reviews\":[]},\"recipe\":{\"ingredients\":[],\"instructions\":[],\"keywords\":[]},\"software\":{\"reviews\":[],\"operatingSystems\":[]},\"webPage\":{\"webPageType\":\"WebPage\"}}","pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2022-06-16 18:22:49","updated":"2025-07-24 06:04:28","seo_analyzer_scan_date":null,"focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.wpcc.edu\/policy-manual\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t06.02.080 \tDisbursement of Funds\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.wpcc.edu\/policy-manual"},{"label":"06.02.080 \tDisbursement of Funds","link":"https:\/\/www.wpcc.edu\/policy-manual\/06-02-080-disbursement-of-funds\/"}],"_links":{"self":[{"href":"https:\/\/www.wpcc.edu\/policy-manual\/wp-json\/wp\/v2\/pages\/24644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wpcc.edu\/policy-manual\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.wpcc.edu\/policy-manual\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.wpcc.edu\/policy-manual\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wpcc.edu\/policy-manual\/wp-json\/wp\/v2\/comments?post=24644"}],"version-history":[{"count":5,"href":"https:\/\/www.wpcc.edu\/policy-manual\/wp-json\/wp\/v2\/pages\/24644\/revisions"}],"predecessor-version":[{"id":25860,"href":"https:\/\/www.wpcc.edu\/policy-manual\/wp-json\/wp\/v2\/pages\/24644\/revisions\/25860"}],"wp:attachment":[{"href":"https:\/\/www.wpcc.edu\/policy-manual\/wp-json\/wp\/v2\/media?parent=24644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}