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HomeMy WebLinkAbout93-013UTION INCREASING THE PETTY CASH REVOLVING FUND ESTABLISHING A CASH PURCHASE ORDER PROCEDURE WHEREAS, the Board of Supervisors of the County of Butte has determined that for the efficient operation of the County Purchasing Office, under the control of the Chief Administrative Officer, a Petty Cash Revolving Fund is necessary; and WHEREAS, California Government Code Section 29320 et. seq. provide for the establishment of such funds in amounts to be determined by the Board of Supervisors; and WHEREAS, the Board of Supervisors for the County of Butte has, by Resolution 89-112, previously established a Petty Cash Revolving Fund in the amount of $1,000; and WHEREAS, the County is desirous of establishing a Cash Purchase Order Procedure to take advantage of savings offered by wholesale merchandisers who will not accept a standard purchase order or extend credit to the County. NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisors of the County of Butte, State of California, as follows: 1. That there is determined to be a necessity far the increase in the amount of the Petty Cash Revolving Fund from $1,000 to $S,OOa. 2. That this Fund is established in accordance with Sections 29320 et. seq. of the Government Code of the State of California, and that certified copies of the resolution sha11 be transmitted to the County Auditor and the County Treasurer. 3. That the Chief Administrative Officer is instructed pursuant to Section 29323 of the Government Cade to amend by endorsement the blanket fidelity band of the County to be conditioned in addition to its other provisions, upon the faithful administration of the revolving fund and upon the willingness and ability of the principal far whom such fund has been established to account for and pay over the fund upon demand of the Board of Supervisors at any time. 4. The Auditor of the County of Butte is hereby authorized and directed to draw a warrant in the sum of Four Thousand Dollars ($4,000) in favor of the Administrative Officer of the County of Butte from the County General Fund, for deposit into the Petty Cash Revolving Fund. 5. That the Chief Administrative Officer or his designee will account for the Petty Cash Revolving Fund in accordance with Government Code Section 29390 et. seq. and will periodically request replenishment based on properly documented vouchers. BE TT FURTHER RESOLVED, as follows: 3.. There is hereby established a cash purchase order procedure, the purpose of which is to simplify the purchasing process by reducing the response time in meeting user department needs, reducing the internal paper processing to a minimum, permitting access to vendors who are unwilling or unable to accept the standard County of Butte purchase order, and permitting access to discount warehouses with cash/check only policies in order to take advantage of considerable savings. 2. The procedure is to use the existing Petty Cash Revolving Fund which would be administered by the Purchasing Office. 3. The current procedure for the Fund is to limit the amount o£ departmental petty cash purchases to $1.5. This procedure will remain. ~. There will be a limited number of County employees authorized to make larger cash purchases above the $15 level. These purchases would be restricted to the General Services Director, Procurement Administrator, Buyer, and Supervising Storekeeper. Check signatory will also be limited to these same persons. PASSED AND ADOPTED this 9th day of February 1993 by the Butte County Board of Supervisors by the fallowing vote: AYES: Supexvi.sors Meyer, Dolan, McLaughlin, '~homas and Ehazx Hour NOES : None NOT VOTING: None ABSENT : None G ~~ r~ / +' Mary ne Houx, Chair Butte County Board of Supervisors ATTEST: John S. Slacklock, Chief Administrative Officer and Clerk of he Board of Supervisors ^~~ ~ ~ ~~