ARTICLE 8. PETTY CASH FUND

1-801. PETTY CASH FUND AUTHORIZED.

There is hereby authorized and created a petty cash fund for the city. The petty cash fund shall be kept separate from all other funds and shall be used only for authorized expenditures. No more than $300.00 shall be kept in such fund. (Ord. 799, Sec. 2)

1-802. DISTRIBUTION.

All distributions from the fund shall be by check signed by any one of the following three individuals: city clerk, city treasurer, or the councilperson supervising finances. No distribution from the fund shall exceed $50 for any one transaction, unless approved by the councilperson supervising finances. (Code 2014)

1-803. RECORDS.

The city clerk shall keep a record of all receipts and expenditures from the fund, and shall, at the end of each city fiscal year, prepare a statement for the city council showing all receipts and expenditures from the fund during the fiscal year, and the balance in the petty cash fund as of the close of the fiscal year.

(Code 1987, 2-1003)

1-804. REPLENISHMENT.

The petty cash fund shall be replenished from the appropriate fund of the city from time to time as authorized by the city council.

(Code 1987, 2-1004)