Administrative Code section 10.132 authorizes cash revolving funds for specified City departments to keep cash on site and sets the maximum amount for each department’s fund.

The ordinance amends Administrative Code section 10.132 to remove the authorization for cash revolving funds for the Fire Department, Medical Examiner, Department of Public Works, Recreation and Park Department, Sheriff, San Francisco Employees' Retirement System, and War Memorial, and reduces the maximum amount of the cash revolving fund for the Port of San Francisco from $5000 to $500.

The removal of authorization for cash revolving funds may impact the City departments' ability to keep cash on site for their operations.

The targeted cash revolving fund accounts were identified as inactive or having minimal activity in the past 24 months.

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