Deposits Policy

The Fiscal Officer or designee is responsible for all library funds.

Receipts must be deposited on the next business day following the day of the receipt if the total amount received exceeds $1,000.

If the amount received does not exceed $1,000, the Fiscal Officer or designee has up to three business days following the day of receipt as specified in ORC 9.38.

All funds are to be safeguarded until deposited.


Approved by the Shaker Heights Public Library Board of Trustees 3/16/2026