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HomeMy WebLinkAboutIncrese PW Petty Cash LimitCITY OF PALM DESERT FINANCE DEPARTMENT STAFF REPORT REQUEST: APPROVAL OF INCREASE TO PUBLIC WORKS PETTY CASH LIMIT IN THE AMOUNT OF $200 SUBMITTED BY: PAUL S. GIBSON, FINANCE DIRECTOR DATE: JANUARY 10, 2008 CONTENTS: MEMORANDUM Recommendation: By Minute motion, that the City Council approve an increase to the Public Works petty cash drawer in the amount of $200. Background: The Public Works Department is responsible for a petty cash drawer in the amount of $500. Over time, increased prices and staffing levels have resulted in an increase in the frequency of reimbursement requests. Staff recommends that the City Council approve the increase of the Public Works petty cash fund from $500 to $700, a difference of $200. Submitted by: Paul S. Gibson,/ Finance Director Mark Greenwood, Director of Public Works ry COUNCIL ACTION: APPROVED ;RECEIVED y itEETING DATE : wvi T %I i 1 ASSENT : kZ11(° „ . ABSTAIN: 'VER IFIED File 0 n; ,. . Ire Original onwithiCi Ly Clerk' s Offire G:\Finance\Niamh Ortega\Staff Reports\increase PW petty cash 120507.doc Approved by: Carlos L. Ortega, Manager PSG:nmo DENIED OTHER CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT INTEROFFICE MEMORANDUM To: Paul Gibson, Finance Director From: Mark Greenwood, P.E., Director of Public Works Cc: Homer Croy, ACM for Development Services Date: November 2, 2007 Subject: Petty Cash Drawer The Public Works petty cash drawer, which is maintained by Debra Lee, currently has a $500 reserve. We have recently discussed the fact that this amount is becoming inadequate due to rising prices as well as an increase in the number of staff requesting reimbursement from this particular fund. Therefore, the Public Works Department would like to formally request an increase in the petty cash drawer limit from $500 to $700. If you have any questions or concerns please contact me at extension 469 to discuss. Thank you. Mark Greenwood, p.E. Director of Public Works /dhl G:\PubWorks\Debra Lee\Correspondence\Outgoing\Completed Outgoing Correspondence 2007\11-02-07 Memo MG to Paul Gibson re petty cash drawer Omit increase.doc