A. There is created a new fund to be known as the “travel revolving fund.”

B. The transfer of five thousand dollars from the moneys of the general fund to the travel revolving fund is authorized and directed.

C. The travel revolving fund will be maintained in a bank as a checking account and advances to officials or employees will be by check. The fund will be replenished by warrant.

D. Whenever it becomes necessary for an elected or appointed official, or employee of the city, to travel and incur expenses, the official or employee may draw a reasonable amount of funds in advance of the expenditure. Such advance shall be made under the appropriate rules and regulations to be prescribed by the State Auditor’s office.

E. To protect the city from any losses on account of advances made as provided above, the city shall have a prior lien against and a right to withhold any and all funds payable, or to become payable, by the city to such officer or employee to whom such advance has been given, up to the amount of such advance and interest at the rate of ten percent per year until such time as repayment or justification has been made. No advance of any kind may be made to any officer or employee at any time when the officer or employee is delinquent in accounting for or repaying a prior advance under this section.

F. On or before the tenth day following the close of the authorized travel period for which expenses have been advanced to any officer or employee, the officer or employee shall submit to the appropriate official a fully itemized travel expense voucher for all reimbursable items legally expended accompanied by the unexpended portion of such advance, if any. Any advance made for this purpose or any portion thereof not repaid or accounted for in the time and manner specified herein shall bear interest at the rate of ten percent per year from the date of default until paid.

G. An advance made under this section shall be considered as having been made to such officer, or employee, to be expended by the officer or employee as an agent of the city for the city’s purposes only and specifically to defray necessary costs while performing the officer or employee’s official duties. No such advance shall be considered or utilized as a personal loan to such officer or employee, and any expenditure thereof other than for official business purposes shall be considered a misappropriation of public funds. (Prior code § 1.80.070.)