(a) By Town Manager. The Town Manager may approve expenditures in excess of $4,000 in the case of an emergency that might affect the health, safety, and welfare of the Town. Such action shall be reported to the Town Commission, in writing not later than the first Town Commission meeting following such expenditure, with a full explanation and justification for the expenditure.
(b) Petty cash revolving fund. There is hereby appropriated out of any money in the Town treasury, not otherwise appropriated, $250, which shall be known as the petty cash revolving fund. From this fund may be paid all local purchases not in excess of $75 each, made by the heads of using agencies or their duly authorized personnel, for incidentals. Operating procedure for the petty cash revolving fund shall be promulgated by the Town Manager.
(c) Field purchases. Field purchases may be made upon approval of the department heads for immediate need of supplies or services not to exceed the maximum value of $200.
(Ord. 92-09, passed 12-16-92; Am. Ord. 2003-01, adopted 6-25-03)