COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Petty Cash Resolution

 

 

SUBJECT/PROPOSAL/REQUEST:

Adopt a Petty Cash Resolution to amend the petty cash fund for Hollymead and Monticello Fire Stations

 

 

STAFF CONTACT(S):

Messrs. Tucker, Foley, Davis, Wiggans, Koonce,

and Ms. Murray

 

 

LEGAL REVIEW:   Yes

 

AGENDA DATE:

November 5, 2008

 

ACTION:               INFORMATION:   

 

CONSENT AGENDA:

  ACTION:   X         INFORMATION:   

 

 

ATTACHMENTS:   Yes

 

 

REVIEWED BY:

 


 

BACKGROUND:

Virginia Code Section 15-2-1229, provides that the County may adopt a resolution to establish petty cash funds not exceeding $5,000 to be used to transact daily County business.

 

 

STRATEGIC PLAN:

Goal Five:  Fund the County’s Future Needs

 

 

DISCUSSION:

The Board of Supervisors last established petty cash funds by a Resolution adopted on October 3, 2007.  Staff recommends adoption of a new Resolution to:

 

§                        Increase petty cash fund for the Hollymead Fire Station from $250 to $500.  This increase is to accommodate the increase in the number of active volunteers receiving meal reimbursement.

 

§                        Decrease petty cash fund for the Monticello Fire Station from $250 to $200.  This decrease is due to a smaller number of active volunteers.

 

 

BUDGET IMPACT:

There is no budget impact from this action.

 

 

RECOMMENDATIONS:

Staff recommends that the Board adopt the attached Resolution to reestablish the current petty cash funds as well as amend the petty cash funds for the Monticello and Hollymead Fire Stations.

 

 

ATTACHMENTS

A – Resolution – Petty Cash

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