200-40 Petty Cash Fund

Question 1

Authorize disbursements of petty cash. Must be a Lieutenant or higher or civilian pay grade 26 or higher

Answer 1

Disbursement Authority

Question 2

Petty cash fund

Answer 2

City business-related expenditures that do not exceed the petty cash limit of $100

Question 3

Quarterly Verification of Fund Balance

Answer 3

Established quarterly intervals

*inspections division shall report results through the chief of police

Question 4

Designated by the concerned Executive Staff member to Authorize requests for petty cash use. Must be a Sgt or higher (pay grade 22 or higher)

Answer 4

Requests Authority

Question 5

The “Requests Authority” can be a Sgt or Higher (grade 22) and

Answer 5

A) sign the PC-7 form when approving a pretty cash advance

B) may give verbal approval for a purchase when an advance is not needed

C) sign the PC-7 form when approving a petty cash reimbursement when a cash advance was not given

Question 6

Each time Inspections division personnel conduct a verification audit, a PC-6 form shall be completed and forwarded with all original form to the chief. How many days until the chief shall forward the forms to the General accounting section if the comptrollers office

Answer 6

No later than 15 days after the end of the quarter