Okla. Admin. Code § 340:2-11-86

Current through Vol. 42, No. 7, December 16, 2024

Section 340:2-11-86 - State Treasury Revolving Funds 700 Series

(a)Operations. Financial Services (FS) processes deposits and provides accounting and claims processing functions for State Treasury Revolving Funds 700 Series in accordance with the Office of Management and Enterprise Services (OMES) Statewide Accounting Manual. State Treasury Revolving Funds 700 Series are primarily used to maintain, account for, and manage funds belonging to clients in the custody of Oklahoma Human Services (OKDHS) or residents in OKDHS-administered facilities. This account is also used to finance auxiliary activities at OKDHS facilities. A separate accounting is maintained for each client and each auxiliary activity.

(b)Unexpended cash. Unexpended cash from client trust fund withdrawals for shopping, meals, recreation, and other similar activities, are re-deposited to the respective client trust accounts within State Treasury Revolving Funds 700 Series. Each facility is responsible for the safety of, and accounting for, all client trust fund cash handled by staff, and for maintaining detailed documentation.

Added at 10 Ok Reg 1349, eff 3-22-93 (emergency); Added at 10 Ok Reg 2785, eff 6-25-93; Amended at 13 Ok Reg 1529, eff 4-2-96; Amended at 14 Ok Reg 1298, eff 5-12-97; Amended at 15 Ok Reg 868, eff 1-1-98 (emergency); Amended at 15 Ok Reg 1595, eff 5-11-98; Amended at 23 Ok Reg 1808, eff 7-1-06

Amended by Oklahoma Register, Volume 38, Issue 24, September 1, 2021, eff. 9/15/2021