Illinois General Assembly - Illinois Compiled Statutes

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55 ILCS 5/3-11009

(55 ILCS 5/3-11009) (from Ch. 34, par. 3-11009)

Sec. 3-11009. Petty cash fund.

For the purpose of enabling the county
treasurer to pay in cash such warrants and other demands as may be
presented to him for payment in cash, he is hereby authorized to withhold
from the daily deposit of funds required of him under Section 3-11004, or
to withdraw from the one or more banks, savings and loan associations, savings banks, or credit unions
holding such county moneys on deposit, upon check or draft payable
to his own order as county treasurer, such amounts as will enable him to
maintain a petty cash fund sufficient to meet the daily demand for the
purpose herein indicated: Provided, however, that the amount of said petty
cash fund shall at no time exceed the sum of $5,000 in counties having
fewer than 1,000,000 inhabitants or the sum of $200,000 in counties having
1,000,000 or more inhabitants. The county treasurer shall keep proper
records of such petty cash fund, showing the amounts so withheld or
withdrawn by him daily and the amounts paid out by him in cash from day to
day. Such records shall be open to the inspection of all persons wishing to
examine the same.

(Source: P.A. 97-129, eff. 7-14-11.)