Article IV: Classification of Spending Control A. Administrative Spending 1. Spending which is necessary for the carrying out of normal business and functions will be allowed for under this clause. 2. This spending will not require the vote of the general membership, but will be subject to the approval of the Executive Committee. 3. Examples of administrative spending will be as follows: a) National Stationary b) Phone Calls c) Supplies d) Posters e) Certificates f) Chapter Printing 4. As much as possible, a projected list of expenditures and their totals will be approved by a simple majority of the Executive Committee. 5. Any officers seeking reimbursement for expenditures for telephone calls must submit a photocopy of his bill accompanied by a list of all calls made on behalf of Delta Chi. 6. Any expenditures in excess of $50 will require an approval of a simple majority of the Executive Committee. B. Committee Spending 1. A committee chairperson upon appointment will be allowed to spend as necessary for committee activities outlined by the committee, with the approval of the Treasurer. C. Fraternity Spending 1. All spending not included in the above mentioned definitions will be allowed for under this clause. 2. Examples of fraternity spending will be on special projects, special events, speakers, movies or programs to be funded by money granted by the University Student Association or by the Delta Chi chapter for such purposes. 3. All spending in this category must be approved by a simple majority of 50% plus one member vote of the Delta Chi chapter. D. Spending Controls 1. On all drafts written on fraternity funds there will be required two signatures, to be that of the Treasurer and one of the following: a faculty advisor, the President, or the Vice President. 2. The Treasurer will be required to keep two ledgers. One ledger will be a detailed record of the L.A.E. checking account. The second ledger will be a record of fund-raisers, dues collection, etc. 3. The Treasurer will be required to give detailed written weekly reports concerning the Delta Chi treasury. This report will show the debits and credits to the L.A.E. treasury. 4. The Secretary and the Sergeant at Arms will be required to check the accuracy of the Treasurer's weekly report by comparing it to the Treasurer's two ledgers, receipt book, and carbon copy checks. 5. The Treasurer will be required to give a copy of the weekly financial report to the Secretary and the faculty advisor.