§ 2-261. Petty cash funds and purchasing cards; authorization and procedures.

(a)

Each department may establish a petty cash fund not exceeding an operating amount of $500.00. The finance director shall, with the concurrence of the city manager, establish appropriate and reasonable operating amounts for such funds within the limit set forth above and establish written procedures for the operation and accounting for such funds within acceptable accounting practices.

(b)

Purchasing cards may be issued to specific employees within a department for purchases that do not exceed a single or monthly purchase as set forth in the city's purchasing card procedures manual. The monthly credit limit for any single card holder shall be approved by the city manager for an amount not to exceed $25,000.00.

(Code 1981, § 8-25; Ord. No. 1997-22, § 1, 5-6-97; Ord. No. 2004-15, § 1, 7-20-04; Ord. No. 2017-20 , § 1, 7-18-2017)