(a) Council hereby authorizes the establishment of a petty cash fund for the administration’s office. (Ord. 12-98. Passed 5-14-98.)
(b) The total amount to be drawn at any one time of the City’s treasury shall be two hundred fifty dollars ($250.00).
(c) At no time shall there be more than a total of two hundred fifty dollar ($250.00) in the petty cash fund.
(d) When the two hundred fifty dollar ($250.00) is exhausted, in order to draw another two hundred fifty dollars ($250.00) on the City’s treasury, proper documentation must be presented to the City Auditor detailing how the previous money was spent.
(Ord. 31-20. Passed 9-10-20.)
(e) The first meeting in July and the last meeting in December of each year the Finance Committee shall present a written report to Council showing how the petty cash fund has been spent. (Ord. 12-98. Passed 5-14-98.)