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3906 Airport Imprest ResolutionRESOLUTION NO. 3906 A RESOLUTION TO ESTABLISH A SEPARATE REVOLVING (IMPREST) FUND FOR THE CITY OF MOSES LAKE MUNICIPAL AIRPORT Recitals: 1. The Finance Director has determined that establishment of a separate revolving (imprest) fund for the Moses Lake Municipal Airport will enhance the efficiency of the day-to-day operations of the airport and is recommending that Council authorize the establishment of such fund. 2. RCW 43.09.200 authorizes the state auditor to prescribe a uniform system of accounting and the State Auditor’s Office Budgeting, Accounting, and Reporting System (BARS), Section 3.8.8, provides specific guidance and requirements for the use of revolving (imprest) accounts by local governments. Resolved: 1. The City Council of the City of Moses Lake hereby authorizes the Finance Director to establish a separate revolving fund with an authorized balance of $3,000.00 for the City of Moses Lake Municipal Airport. 2. The Municipal Airport Commission will designate a custodian for the revolving account. The designated custodian will perform a monthly account reconciliation to the authorized balance and to the actual balance per the bank statement. The monthly reconciliation with all supporting documents will be submitted to the Finance Department. 3. The Finance Department will perform periodic, unscheduled audits of the account to ensure compliance to Section 3.8.8 of the State Auditor’s Budgeting, Accounting, and Reporting System (BARS). ADOPTED by the City Council of the City of Moses Lake on this 12th day of July, 2022. ________________________________________ Dean Hankins, Mayor ATTEST: _________________________________________ Debbie Burke, City Clerk Document Ref: 4HCBQ-X7PWJ-WK97B-XFALW Page 1 of 1 Signature Certificate Reference number: 4HCBQ-X7PWJ-WK97B-XFALW Document completed by all parties on: 14 Jul 2022 16:39:22 UTC Page 1 of 1 Signer Timestamp Signature Mayor Dean Hankins Email: dhankins@cityofml.com Recipient Verification: Sent:13 Jul 2022 16:30:09 UTC Viewed:13 Jul 2022 18:39:46 UTC Signed:13 Jul 2022 18:40:35 UTC ✔Email verified 13 Jul 2022 18:39:46 UTC IP address: 136.143.151.109 Location: Quincy, United States Debbie Burke Email: dburke@cityofml.com Recipient Verification: Sent:13 Jul 2022 16:30:09 UTC Viewed:14 Jul 2022 16:38:33 UTC Signed:14 Jul 2022 16:39:22 UTC ✔Email verified 14 Jul 2022 16:38:33 UTC IP address: 63.135.54.162 Location: Moses Lake, United States Signed with PandaDoc PandaDoc is a document workflow and certified eSignature solution trusted by 30,000+ companies worldwide.