Current through Register Vol. XLI, No. 50, December 13, 2024
Section 63-4-7 - Bank Reconciliations7.1. All bank accounts shall be reconciled monthly.7.2. All Certificates of Deposit shall be reconciled when statements are provided by the bank (monthly, quarterly, or annually).7.3. All bank statements and reconciliations shall be reviewed by the district treasurer, at a minimum. The district treasurer shall review and by signature approve the reconciliation.7.4. All reconciliations shall have a zero unreconciled difference between the ledger balance and bank statement balance.7.5. All outstanding items shall be research and resolved.