File #: RES-93:1369    Version: 1 Name: Financial record retention policy
Type: Resolution Status: Passed
File created: 11/1/1993 In control: City Council
On agenda: Final action: 11/1/1993
Title: BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS, THAT THE FOLLOWING PROCEDURES BE ESTABLISHED FOR RETENTION OF FINANCIAL AND ACCOUNTING RECORDS OF THE FINANCE DEPARTMENT.
Indexes: Policy - creation/amendment
Attachments: 1. A.C.A 14-59-114, 2. Letter from Freeman & Company, 3. Supporting document
Related files: RES-05:455, MIN-93:022
title
BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS, THAT THE FOLLOWING PROCEDURES BE ESTABLISHED FOR RETENTION OF FINANCIAL AND ACCOUNTING RECORDS OF THE FINANCE DEPARTMENT.      
body
WHEREAS, A.C.A. 14-59-114 outlines maintenance and destruction of specific accounting records, the included retention list establishes a time period equal to or in excess of requirements for retaining these specific and other additional stored documents within the finance department.
 
Upon determining what records are to be destroyed, the Finance Department is to prepare documentation consisting of an affidavit stating what documents, period of time, and method of destruction, for submission to the council for approval and inclusion of such action in the minutes.
 
Retention list attached
 
PASSED AND ADOPTED the 1st day of November, 1993.