California Code, Government Code - GOV § 53952

(a) The governing board of a special district may, by resolution, provide for the establishment of a revolving fund in an amount not to exceed one thousand dollars ($1,000) to be used to make change and pay small bills directly.  The resolution which establishes the district revolving fund shall designate all of the following:

(b) In addition to the authority granted by subdivision (a), an independent special district, as defined in Section 56044, may by resolution provide for the establishment of a revolving fund in an amount not to exceed 110 percent of one-twelfth of the district's adopted budget for that fiscal year.  The fund may be used to pay any authorized expenditures of the independent special district.  The resolution that established the district revolving fund shall conform with the designations required by subdivision (a).