Resolutions-2017-126

7. Petty Cash shall not be used for personal cash advances or to cash personal checks. 8. Petty cash that is advanced for approved purchases must have a receipt for purchase and any change returned to the petty cash fund by the custodian and signed by the custodian. 9. The custodian shall ensure that the following represents the authorized petty cash amount: a. Cash on Hand b. Cash disbursements represented by receipts c. Cash income represented by income register form. 10. Receipts shall be deposited to the depository bank account intact monthly leaving the fund constant. Fines & Penalties: Any employee or elected official who insures unauthorized costs shall be held personally liable for all said costs. On the 5th day of December, 2017, at a regular meeting of the Tiffin City Council, Tiffin, Iowa, Councilperson Havens introduced RESOLUTION NO. 2017-126, A RESOLUTION TO ESTABLISH A PETTY CASH/CHANGE FUND AND POLICIES ON USE THEREOF and made a motion for approval. Motion seconded by Councilperson Upton. Ayes: Upton, Kahler, Havens, Bartels. Nays: None. Absent: Ryan. Whereupon Four Council members were present and voted approval and Mayor Berner declared that the RESOLUTION NO. 2017-126, A RESOLUTION TO ESTABLISH A PETTY CASH/CHANGE FUND AND POLICIES ON USE THEREOF to be adopted and signified his approval of the same by affixing his signature thereto. Passed by the City Council on the 5th day of December 2017. Steve Berner Steve Berner, Mayor ATTEST: Ashley Jay-Platz, City Clerk