(1) Deposit of Funds. All monies or fees collected for any purpose by any city officer shall be deposited through the office of the clerk. If any said fees are due to an officer, they shall be paid to him by check drawn by the clerk and approved by the council only upon such officer making adequate reports relating thereto as required by law, ordinance or council directive.

(2) Bank Deposits. All monies belonging to the city shall be promptly deposited in banks selected by the council in amounts not exceeding the authorized depository limitation established by the council.

(3) Petty Cash Fund. The clerk shall be custodian of a petty cash fund not to exceed $50.00 for the payment of small claims for minor purchases, collect-on-delivery transportation charges and small fees customarily paid at the time of rendering a service for which payments the clerk shall obtain some form of receipt or bill acknowledged as paid by the vendor or his agent. At such time as the petty cash fund is approaching depletion the clerk shall draw a check for replenishment in the amount of the accumulated expenditures and said check and supporting detail shall be submitted to the council as a claim in the usual manner for claims and charged to the proper funds and accounts. It shall not be used for salary payments or other personal services or personal expenses.

(4) Change Fund. The clerk is authorized to draw a check on the general fund for establishing a change fund in the amount of $150.00 for the purpose of making change without commingling other funds to meet the requirements of said office. Said change funds shall be in the custody of the clerk and he shall maintain the integrity of the fund. [Code 1975 § 1-1.0403.]