Whenever the need exists, a clerk magistrate, with the concurrence of the county judges of his or her district, may establish and maintain a petty cash fund of not more than $50. The fund shall be used only in the event of special circumstances which require the item or expense to be purchased and paid for immediately in cash. The creation of the fund is contingent upon budget approval by the local county board. If the local county board approves the budget request, the clerk magistrate shall maintain an accurate, detailed accounting of the fund which shall be submitted to the auditors at the time of their annual audit.
Rule 58 adopted July 1995. Renumbered and codified as § 6-1458, effective July 18, 2008.