Chapter 3.32
PETTY CASH FUND

Sections:

3.32.010    Established.

3.32.020    Initial funding.

3.32.030    Custodian.

3.32.040    Expenditures.

3.32.050    Replenishment.

3.32.010 Established.

There is hereby established a petty cash fund for the town in the amount of $200.00. (Ord. 600 § 1, 2010; Ord. 438 § 3, 1995)

3.32.020 Initial funding.

The town petty cash fund will initially be funded by the current expense fund. (Ord. 600 § 1, 2010; Ord. 438 § 4, 1995)

3.32.030 Custodian.

The clerk/treasurer will be the custodian of the petty cash fund and will keep the money under lock and key at all times. (Ord. 600 § 1, 2010; Ord. 438 § 5, 1995)

3.32.040 Expenditures.

All expenditures from the petty cash fund will be recorded and charged to the correct budgeted funds. (Ord. 600 § 1, 2010; Ord. 438 § 6, 1995)

3.32.050 Replenishment.

The petty cash fund will be replenished to the imprest amount ($200.00) each month from the appropriate budgeted funds. (Ord. 600 § 1, 2010; Ord. 438 § 7, 1995)