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MACDC Intercounty Drain Procedures Training. Intercounty Drain Accounting. Stacy Hissong Fahey Schultz Burzych Rhodes PLC. February 16, 2017 macdc.us. Election of Board Treasurer. One treasurer selected by Drainage Board Maintains all funds for drainage district
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MACDCIntercounty Drain Procedures Training Intercounty Drain Accounting Stacy Hissong Fahey Schultz Burzych Rhodes PLC February 16, 2017 macdc.us
Election of Board Treasurer • Onetreasurer selected by Drainage Board • Maintains allfunds for drainage district • No separate accounts in each county macdc.us
Board Treasurer Responsibilities • Maintain drain fund for ICD drainage district • Pay approved costs and keep record of payments • Coordination of levying and collection of assessments • Invest drainage district funds • Treasurer’s Report macdc.us
Uniform Accounting Procedures • Michigan Department of Treasury • Uniform Chart of Accounts • Nine-digit system macdc.us
Approval and Payment of Invoices • Board approval unless preauthorized • Sufficient funds • Drain Orders macdc.us
Drain Orders macdc.us
Preauthorization Resolution • Authorizes member to approve • Inspections/engineer recommendation • Communications to drainage board • Drain Order macdc.us
Computation of Costs • Section 261 • All costs of each county included • Basis for levying assessments macdc.us
Audits • Audit request • Fund balance report macdc.us
