(A) A reconcilement between the recorded cash balance and the bank balance is completed monthly by an individual separate from the receipting and disbursing processes.
(B) A reconcilement between the receipts ledger and the credits to the bank account is completed periodically by an individual separate from the receipting process.
(C) A reconcilement between the disbursement ledger and the debits to the bank account is completed periodically by an individual separate from the disbursement process.
(D) The monthly reconcilement between the cash balance and the bank balance is thoroughly reviewed and approved by the governing body.
(E) Disbursements from and reimbursements to petty cash funds are periodically reviewed by an individual other than the one responsible for maintaining the petty cash fund.
(Ord. 2016-04, passed 7-5-2016)