§ 19-3-504 - Record and report of summary financial transactions.

19-3-504. Record and report of summary financial transactions.

(a) (1) The several funds shall be separately listed on the records of the Treasurer of State under their respective major group headings, and with respect to each fund, each group, and all groups, the records shall reflect each day:

(A) Summary financial transactions for the day and cumulative summary financial transactions for the current fiscal year. These summaries shall include a statement of receipts, both direct and by transfer, a statement of disbursements, both by warrant redemption and by transfer, and the amount of uncollected checks legally charged off;

(B) The credit balance therein at the close of business; and

(C) The composition of gross treasury fund balances.

(2) Additionally, the records shall reflect in summary form the total principal amount of securities held in trust in the Safekeeping Account for each of the several retirement systems and other trust funds or accounts.

(3) The enumeration in this subsection shall not be construed as a limitation of the items of summary financial information which may be included in any such record, nor shall this requirement be so construed as to exclude such other primary and such subsidiary and auxiliary records as may be required by law, or as the Treasurer of State shall determine to keep, or as may be required of the Treasurer of State by the Chief Fiscal Officer of the State in the performance of State Treasurer's duties.

(b) (1) A daily and a monthly report copy of the record of the summary financial transactions shall be prepared by the Treasurer of State and be available to the Chief Fiscal Officer of the State.

(2) The report copy and the record of the summary financial transactions from which it was prepared shall be open to public inspection during normal business hours.