Committee forwards ordinance to shrink Public Library petty-cash fund after controller audit

Jan 31, 2007

The Budget & Finance Committee voted to send to the full Board an ordinance that would reduce the San Francisco Public Library—s cash revolving fund from $55,000 to $3,500 following controller recommendations; a public commenter warned the change does not address longer-term internal control problems.

The full story

The Budget & Finance Committee on Wednesday moved to the full Board an ordinance that would cut the San Francisco Public Library—s cash revolving fund from $55,000 to $3,500, a change staff said reflects the smaller on-hand cash needs of branch operations.

Free newsletter

Sign up to keep reading.

Your free newsletter brings you what your city council, county, and school board discussed and decided.

or
Already have an account? Sign in