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RPVCCA_CC_SR_2015_05_05_F_Ord_567_Petty_Cash_FundCITY OF RANCHO PALOS VERDES AIXTA•:_►e X TO: HONORABLE MAYOR & CITY COUNCIL MEMBERS FROM: KATHRYN DOWNS, ACTING FINANCE DIRECTOR DATE: MAY 5, 2015 SUBJECT: ADOPT AMENDMENT TO THE MUNICIPAL CODE - PETTY CASH FUND REVIEWED: DOUG WILLMORE, CITY MANAGER h"LJ RECOMMENDATION Adopt Ordinance No. 567 AN ORDINANCE OF THE CITY OF RANCHO PALOS VERDES GOVERNING THE CITY'S PETTY CASH FUND AND AMENDING THE RANCHO PALOS VERDES MUNICPAL CODE DISCUSSION On April 21, 2015, the City Council introduced Ordinance No. 567, which approves amending the City's Petty Cash Fund in section 2.44.110 of the City's Municipal Code to increase the maximum authorized amount of the Fund, not to exceed $3,000. CONCLUSION Staff recommends that the City Council adopt Ordinance No., thereby amending Section 2.44.110 of the Rancho Palos Verdes Municipal Code pertaining to City's Petty Cash Fund. Attachment: Draft Ordinance No. 567 (page 2) 1 ORDINANCE NO. 567 AN ORDINANCE OF THE CITY OF RANCHO PALOS VERDES GOVERNING THE CITY'S PETTY CASH FUND AND AMENDING THE RANCHO PALOS VERDES MUNICPAL CODE THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES ORDAINS AS FOLLOWS: Section 1: Section 2.44.110 of Chapter 2.44 of Title 2 of the Rancho Palos Verdes Municipal Code is hereby amended to read as follows: There is established a petty cash fund in the maximum amount of three thousand dollars that is administered under the supervision of the city manager, which shall be used to make change by City cashiers, and from which cash disbursements may be made to City employees in an amount not to exceed fifty dollars. Disbursements must be accompanied by an invoice in the amount of the request, signed by the originator and approved by the department head. An invoice is not required for auto mileage reimbursement, metered parking and any other requirement for which an invoice cannot be expected. " Section 2: The City Clerk of the City of Rancho Palos Verdes shall certify to the passage and adoption of this ordinance and shall cause the same to be posted in the manner required by law. PASSED, APPROVED AND ADOPTED THIS DAY OF 2015. Mayor ATTEST: City Clerk 2 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss CITY OF RANCHO PALOS VERDES ) I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, do hereby certify that the whole number of members of the City Council of said City is five; that the foregoing Ordinance No. passed first reading on , was duly and regularly adopted by the City Council of said City at a regular meeting thereof held on and that the same was passed and adopted by the following roll call vote: AYES: NOES: ABSENT: ABSTAIN: City Clerk