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HomeMy WebLinkAboutsummary formDate: 2/16/2005 AGENDA ITEM SUMMARY FORM FILE ID: 05" 00 1 Q 6 Requesting Department: Finance Commission Meeting Date: 3/24/2005 District Impacted: None Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance n Discussion Item ❑ Other Subject: Adopting Cash Receipts Policies and Procedures Manual Purpose of Item: It is recommended that the City commission approve the attached resolution establishing a written Cash Receipts Policies and Procedures Manual which will provide for standardization, increased accountablility and internal controls ralating to the various cash handling operations within the City. This resolution further directs the City Manager to implement the Cash Receipt Policies and Procedures Manual. Background Information: The Finance Director is charged with the responsibility of receiving, safekeeping and depositing all monies belonging to the City in any capacity. A Cash Receipts Policies and Procedures Manual is attached hereto, establishing specific guidelines and procedures. Many other Department within the City received cash. In order to assure a long-term financial safety of the City. It is recommended that all departments that received cash implement the Cash Receipt Policies and Procedures. Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals jSS.JGN AND DATE). CIP Budget If using or receiving capital funds Grants Purchasing Chief (am) Risk Managem Dept. Director City Manager Soimula Page 1 of 1