[Ord. No. 31-2013, § 1, eff. 12-18-2013]
The Director of the Department of Finance shall promulgate a Citywide Cash Management Policy. The policy shall include required standards and practices that must be incorporated into departmental specific policies, procedures and internal controls over cash, including requirements for timely deposits. Said policy shall be filed with the City Clerk.
(a)
Each department of the City shall have written departmental-specific policies, procedures and internal controls over cash management that shall be filed with the Controller.
(b)
Each department shall require that actual cash, money orders, checks and other forms of payment be deposited within one (1) to two (2) business days of receipt.
(c)
Each departmental policy shall have a segregation of cash management duties and include a point-of-sale system (electronic or manual).
(d)
Each department shall accept credit/debit cards and/or other forms of electronic payment when possible.