Sec. 2-248. - Petty expenditures revolving fund.
Part of the Code of Ordinances of East Providence, RI.
The text
There is hereby established the petty expenditures revolving fund in the amount of $300.00. From this fund shall be paid all purchases not in excess of $25.00 each made by the heads of using agencies for incidentals with the approval of the agent. (1)
Accounting. At the end of each month, the agent shall render to the city controller statements showing the actual expenditures for each using agency so made out of such petty expenditures revolving fund, and the city treasurer shall reimburse the revolving fund for such expenditures in the same manner as other expenditures of such using agencies are paid.
(2)
Rules and regulations. The agent, with the approval of the city controller, shall promulgate rules and regulations for use of the petty expenditures revolving fund.
(Rev. Ords. 1987, § 2-245)