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Re: Team use of Petty Cash?
Having more than 1 method of acquiring parts and/or covering expenses is something that all teams should work towards.
If we only relied on PO's to get stuff done, we'd wait weeks to get parts, which isnt ideal during build season, for sure.
Open PO's, petty cash accounts, external sponsors/partners, and use of own credit card with quick reimbursement are all great ideas. 
Our team does all of the above with the addition of a Procurement Card (P-card) from the school, checking account with local school account allocated for Robotics team, and an endowment type fund. It is more than enough to cover everything we encounter before, during and after build season, including travel expenses incurred at competitions.
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2016 Hawaii Regional #1 seed, IDesign, Safety Award
2016 NY Tech Valley Regional Champions, #1 seed, Innovation in Controls Award
2016 Lake Superior Regional Champions, #1 seed, Quality Award, Dean's List
2015 FRC Worlds-Carver Division Champions
2015 Hawaii Regional Champions, #1 seed.
2015 Australia Regional Champions, #2 seed, Engineering Excellence Award
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