All funds shall be collected, maintained and reimbursed subject to mundane law, SCA policies, Trimaris Kingdom Law, and these financial policies.

1. All funds received and amounts paid out by Oldenfeld shall be recorded by the Exchequer with appropriate written records, including receipts, copies of checks, invoices, bills, signed reports and such auditable documents as are appropriate to the nature of the income or expense items. The Exchequer shall promulgate forms and methods to assure a proper accounting of all Oldenfeld funds.
2. No Oldenfeld funds may be spent in a manner that directly benefits the interest of the Baron, Baroness, any officer or any Member of Oldenfeld. This shall not be construed to prohibit the fair purchase of items from Members if approved under these financial policies.
3. All expenditures must be approved at the appropriate level.
   
   1. The Exchequer shall prepare an annual budget which shall be approved by the Coronet and the Seneschal, and presented to the Citizens of Oldenfeld for ratification.
   2. Budgeted expenses may be paid by the Exchequer to reimburse the Member upon presentation of proper proof of the expense, such as receipts, cancelled checks or other suitable documentation.
   3. Small and unbudgeted expenses, up to $50, may be approved by the Coronet, Seneschal or the Exchequer.
   4. Unbudgeted expenses up to $200 may be approved by the Coronet and Seneschal, Coronet and Exchequer, or Seneschal and Exchequer, and shall be reported to the Members at the next scheduled business meeting.
   5. Expenses greater than $200 must be approved by the Citizens at a regularly scheduled business meeting.
4. Assets, such as library items or Baronial regalia that are no longer needed may be sold at fair market value, with all proceeds being retained by Oldenfeld. In the case of regalia, a fair price shall be determined by consensus of the Great baronial Officers. The item will be first offered to the first Baron or baroness that used the item to purchase at the set price. If he/she does not want the item at that price, it shall be offered in turn to successor Barons/Baronesses at the same price, or to the general public. If the item is not sold at that price, the same procedure will be followed after each reduction in price.