Loading...
HomeMy WebLinkAboutAGENDA REPORT 2003 0917 CC REG ITEM 10MMOORPARK CITY COUNCIL AGENDA REPORT ITEM 10 • M x, 17 -P , , _,x -1. o A V T - 1N TO: Honorable City Council Yn FROM: Cynthia L. Borchard, Administrative Services Director V DATE: September 10, 2003 (CC Meeting of 9/17/03) SUBJECT: Consider Changing the Internal Procedure for Warrant Signatures. BACKGROUND The City's current policy for signing warrants is as follows: 1. Warrants that are less than $1,000 are manually signed by the City Treasurer (Administrative Services Director) and City Manager. 2. Warrants that are more than $1,000 are manually signed by the City Manager and Mayor or Mayor Pro Tem. 3. Payroll and "urgent" warrants are manually signed by the City Treasurer and City Manager. The warrants that are less than $1,000 are released week before vendor as soon as they are processed, generally the City Council meeting. These warrants appear on the register and are included in the agenda for Council review. DISCUSSION The number of warrants the City processes has increased over the years and currently about 4,000 accounts payable warrants are processed per year. The $1,000 limit is an internal procedure that has been in effect for many years. In an effort to speed up the process for issuing warrants and improve responsiveness to vendors and citizens, staff proposed 00014'7 Honorable City Council September 17, 2003 Page 2 se to increase the limit for ed nu on last review f and s al lyearusenumberoof warrants over $5,000. Bas P warrants issued, this would have reduced the number of warrants requiring Council review and signature prior to release from 22% to 9% of all warrants issued. This item was reviewed by the Budget and Finance committee (Mayor Hunter and Councilmember Harper) on September 3, and the Committee proposed increasing the signature limit to $2,500. This procedure fully complies with the California Government Code and the Moorpark Municipal Code. The Municipal Code states that the City Manager, Mayor or Mayor Pro Tem may sign the warrants which must be countersigned by City Treasurer or City Treasurer's designee. This procedure will be incorporated into the update of the Council policies resolution. STAFF RECOMMENDATION Approve Budget and Finance Committee recommendation to increase the dollar limit from $1,000 to $2,500 for warrants requiring signature of the Mayor or Mayor Pro Tem. rIr •