a. Asset
Forfeiture Discretionary Funds
o Expenditures under $5,000 may
be decided by the Police Chief.
o Expenditures of between $5,000
and $10,000 require the approval of the City Manager. Expenditures over $10,000
require the approval of the City Council, and the Asset Forfeiture budget will
be amended at the time of approval.
o Staff reports to the City
Council will be provided on significant Asset Forfeiture expenditures
identified by the City Manager.
b. Asset
Forfeiture Education Funds
o Expenditures must meet the
mandated education and prevention guidelines.
c. Year-End
Reporting
o Prior to the close-out of each
fiscal year, a report listing all Asset Forfeiture Discretionary and Education
Fund expenditures will be brought forward to the Finance & Administration
Committee for review.
