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Council adopts petty cash and change funds; members clarify difference between funds
2109090 · January 13, 2025
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Summary
Council approved Resolution 2025-02 establishing petty cash and change funds for city departments; finance staff explained change funds are to provide change for public transactions while petty cash is for departmental spending.
The Mayfield Heights City Council on Tuesday adopted Resolution 2025-02, which amends petty cash and change funds for various city departments and declared an emergency.
The resolution lists department-level petty cash amounts and separate change funds intended to accommodate cash payments from the public for permits, fines,…
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