§ 14-119-107 - Reconciliation of bank accounts.

14-119-107. Reconciliation of bank accounts.

(a) All water improvement districts maintaining bank accounts, as prescribed in 14-119-102, shall reconcile their cash receipts and cash disbursements journal to the amount on deposit in banks on a monthly basis. The reconciliations shall take the following form: Click here to view image.

(b) This reconciled balance shall agree to either the cash balance as shown on the official's check stubs running bank balance or the official's general ledger cash balance, whichever system the official employs.