Financial Policy Handbook 2017

3. Starting Cash a. Beginning cash or change shall be established by the Finance Department. The cashier should count and verify starting cash every morning. This amount should be reconciled,with the excess being deposited daily. b. Cash is not to be removed from a deposit or derived from any other source in order to increase starting cash or change. c. Additional starting cash or cash reserves must be requested through the Finance Department. d. Seasonal activities should return starting cash amounts to the Finance Department at the end of each season and request starting cash at the beginning of each season.

e. Starting Cash amounts shall be as follows: i.

Municipal Golf Course - 2 Cash Drawers valued at $680.50

ii.

Campground - 1 Cash Drawer valued at $50.00

iii. iv.

Spencer Public Library - 1 Cash Drawer valued at $200.00

Spencer Police Department - 1 Cash Drawer valued at $300.00 v. Spencer City Hall - 1 Cash Drawer valued at $50.00 vi. Spencer Aquatic Center - 2 Cash Drawer valued at $350.00 vii. Solid Waste Transfer Station - 1 Cash Drawer valued at $150.00 viii. Northern Plains Regional Landfill - 1 Cash Drawer valued at $300.00