§ 2-1821. Purchasing imprest cash fund.

(a)

Establishment; purpose. There is hereby established a permanent fund, to be known as the purchasing imprest cash fund, for the purpose of purchasing supplies and services under a specified dollar amount for any department or activity of the city and for the purpose of purchasing selected bulk supplies.

(b)

Administration. The commissioner of purchases and supplies shall administer the fund and be the disbursing officer thereof, subject to accounting procedures approved by the director of finance.

(c)

Amount of fund. The commissioner of purchases and supplies shall, subject to the approval of the director of finance, determine the maximum dollar amount of the moneys to be deposited in the fund. The commissioner of purchases and supplies shall include the total fund requirement and revenues in the annual budget.

(d)

Maximum amount of disbursements. The commissioner of purchases and supplies, subject to the approval of the director of finance, shall determine the maximum dollar amount of each disbursement from the fund.

(e)

Purchases of bulk supplies. The commissioner of purchases and supplies, subject to the approval of the director of finance, shall select the bulk supplies to be purchased from the fund.

(f)

Charges for expenditures. The amount disbursed from the fund in payment for supplies and services shall be charged against the funds of the department and division or activity of the city against which such disbursements are properly chargeable.

(g)

Source of funds. The purchasing imprest cash fund shall be created by funds as approved by the council.

(Admin. Code 1967, § A11.87; Ord. No. 58192, 7-25-85)