WHEREAS, in accordance with N.J.S.A. 40A:5-21 “A local unit may establish a petty cash fund upon written application to and after approval by the Director. All matters relating to the establishment, accounting, repayment, and discontinuance of such funds shall be in the discretion of the Director, who shall promulgate reasonable rule and regulation in respect thereto”.

WHEREAS, regulations require all petty cash funds be returned to the Local Unit's Chief Financial Officer prior to December 31st of each year to be reestablished by subsequent resolution on or after January 1st of the following year. By prior resolution, establishment of petty cash funds is authorized at preceding year levels. Approval by the Director of the Division of Local Government Services is required for petty cash modifications.

NOW, THEREFORE, BE IT RESOLVED by the Mayor and the Township Council of the Township of Jackson, County of Ocean, State of New Jersey as follows:

The Township Council approves the continuance of Petty Cash funds for immediate needs consistent with 2025 authorized levels.

I hereby certify the foregoing to be true copy of a Resolution adopted by the Township Council of the Township of Jackson, Ocean County, New Jersey at their Re-organization meeting held on January 2, 2025.