Banking Records

12–902.16. Banking Records. A. Description: Cancelled checks and deposit slips written by the school district along with the statements issued by the bank. Information includes checks: date, to whom paid, amount, check

number, authorized signature of finance officer; bank statements: list of checks for one month period, dates, beginning balance, ending balance; and deposit slips: date, amounts of deposits, and total deposit. B. Retention: 5 years, then destroy. HISTORY: Added by State Register Volume 18, Issue No. 6, eff June 24, 1994.