Section 20-6401. FUND ACCOUNTING  


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    6401.1The Controller of the Department shall act as treasurer of the District UST Trust Fund and shall do the following:

     

    (a)Ensure that all monies required to be deposited into the Fund under § 6402 are in fact deposited into the Fund;

     

    (b)Manage all disbursements from the Fund;

     

    (c)Maintain records of all deposits into and disbursements from the Trust Fund;

     

    (d)Prepare financial statements for the Trust Fund at least annually in accordance with the established District Financial Management System (FMS) and generally accepted accounting principles;

     

    (e)Audit the UST Trust Fund at least once every two (2) years in accordance with 40 CFR § 30.510(g); and

     

    (f)Maintain the Fund in compliance with the District Financial Management System, the requirements of this chapter and any applicable federal regulations.

     

    6401.2Obligations shall not be incurred against the District UST Trust Fund for any purpose by any employee of the Department without prior approval of the Program Manager of the Underground Storage Tank Division and the Controller.

     

    6401.3Documentation for expenditures from the Fund shall meet the requirements of § 6404.

     

source

Final Rulemaking published of 40 DCR 7835, 7905 (November 12, 1993); as amended by Final Rulemaking published at 46 DCR 7699 (October 1, 1999).