SECTIONS 53950-53961 - California Statutes

GOVERNMENT CODE

SECTION 53950-53961

53950. As used in this article, "special district" shall mean an
agency of the state, formed pursuant to general law or special act,
for the local performance of governmental or proprietary functions
within limited boundaries which utilizes the county treasury as a
depository for its funds.

53951. As used in this article, "special district" shall not
include any city, county, school district or special assessment
district or any public agency which may create and utilize a
revolving or petty cash fund pursuant to any other specific statutory
authority.

53952. The governing board of a special district may, by
resolution, provide for the establishment of a revolving fund in an
amount not to exceed one thousand dollars ($1,000) to be used to make
change and pay small bills directly. The resolution which
establishes the district revolving fund shall designate all of the
following:
(a) The purposes for which the fund may be expended.
(b) The officer of the district who shall have authority to make
disbursements from the fund and be responsible for keeping account of
all receipts and disbursements from the fund.
(c) The necessity for the fund.
(d) The maximum amount of the fund.

53953. Certified copies of the resolution establishing the
revolving fund shall be transmitted to the county auditor and county
treasurer.

53954. (a) Before any money is withdrawn from the county treasury
to be placed in the revolving fund of a special district, the officer
for whose use the fund is created shall file with the governing body
of the district and the auditor a bond executed by himself as
principal and by an admitted surety insurer, in an amount equal to
that of the revolving fund. The bond shall be conditioned upon the
faithful administration of the fund and upon the willingness and
ability of the principal to account for and pay over the fund upon
demand of the governing board of the district at any time.
(b) In lieu of the bond provided for in subdivision (a) of this
section, any officer of the district required by statute to furnish
an official bond, and any district which purchases and maintains a
blanket bond on all or certain of its employees in accordance with
Section 1481, may cause such a bond or bonds to be issued or amended
by endorsement 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 or principals,
for whose use such a fund or funds have been established, to account
for and pay over the fund or funds upon demand of the governing board
of the district at any time.

53955. Upon the receipt of the certified copy of the resolution
establishing the revolving fund and the filing of the required bond,
the county auditor shall draw his warrant in favor of the officer for
whose benefit the revolving fund is created and the county treasurer
shall pay the warrant.

53956. The officer designated in the resolution establishing the
revolving fund as being entrusted with the fund shall not be
authorized to expend any portion of the revolving fund except for
services or material which are a legal charge against the district.

53957. Any expenditure in excess of one dollar ($1) shall not be
made unless a receipt is obtained, setting forth the date, purpose of
expenditure and amount expended.

53958. Demands shall be made upon the county auditor for
reimbursement of the revolving fund in the same manner that other
demands are made. No other moneys shall be deposited into the
revolving fund. Each demand for reimbursement of the fund shall
contain an itemized account of all disbursements.

53959. Upon demand of the county auditor or the governing board of
the district, the officer entrusted with the fund shall give an
account of the fund.

53960. The governing board may at any time increase, reduce or
discontinue any revolving fund established by its order. If the
revolving fund is ordered reduced, the officer entrusted with the
fund shall immediately return to the county treasurer the amount
necessary to reduce the fund as ordered by the board. If the fund is
discontinued, the officer shall immediately pay over the balance of
the fund on hand as well as all outstanding receipts to the county
treasurer.

53961. The governing board of a mosquito abatement district or a
vector control district organized pursuant to the Mosquito Abatement
and Vector Control District Law, Chapter 1 (commencing with Section
2000) of Division 8 of the Health and Safety Code, may by resolution
provide for the establishment of a revolving fund in an amount not to
exceed 110 percent of one-twelfth of the district's adopted budget
for that fiscal year. This fund, which shall replace the fund
authorized in Section 53952, may be used to pay any authorized
expenditures of the district. The resolution that established the
district revolving fund shall conform with the designations required
in Section 53952.