19-2873a. Same; conveniences or amusements operated by board; revolving fund; petty cash funds; rules; budget law inapplicable.
19-2873a
19-2873a. Same; conveniences or amusements operated by board;
revolving fund; petty cash funds; rules; budget law inapplicable.
In the event the board determines to operate food, soft drinks or other
conveniences or amusements as authorized by K.S.A. 19-2873,
it shall adopt a resolution establishing a revolving fund
and provide therein for the transfer of not to exceed twenty-five
thousand dollars ($25,000) from the general fund of the district to such
revolving fund. Such resolution may also provide for one or more petty
cash funds for the operation of conveniences or amusements requiring the
same. Such resolution shall specify rules relating to the operation of
such revolving and petty cash funds, and for the audit thereof in
accordance with accepted accounting principles. Such revolving fund
shall not be subject to the budget law and such petty cash funds may be
used without issuance of warrants except for periodic reconciliation
thereof. Moneys in such revolving fund may be from time to time
transferred to the general fund or land acquisition fund of the
district, but after the initial transfer of funds to the revolving fund,
no additional moneys shall be transferred thereto.
History: L. 1970, ch. 113, § 8; July 1.