HomeMy WebLinkAbout04.24.20 Email from Joshua Crane, TTC - FW_ Treasury Cash Reconciliation March 2020
From:Schuman, Amy
To:Jessee, Meegan
Cc:Snyder, Ashley
Subject:FW: Treasury Cash Reconciliation March 2020
Date:Friday, April 24, 2020 10:56:00 AM
Attachments:image007.png
Cash Reconciliation - March 2020.pdf
Monthly Fund Balance Report March 2020.pdf
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Hi Meegan,
FYI - This was sent to the Board.
Amy Schuman
Associate Clerk of the Board
Butte County Administration
25 County Center Drive, Suite 200, Oroville, CA 95965
T: 530.552.3308 | F: 530.538.7120
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From: Crane, Joshua <jjcrane@buttecounty.net>
Sent: Friday, April 24, 2020 10:54 AM
To: BOS <BOS@buttecounty.net>
Subject: Treasury Cash Reconciliation March 2020
Office of the Auditor-Controller Graciela Gutierrez, Auditor-Controller
25 County Center Drive Ste. 120 T: 530.552.3600
Oroville, California 95965 F: 530.538.7693
April24,2020
GoodAfternoon,
AttachedisthereconciliationofthecashandinvestmentaccountsbetweenAuditorandTreasurerBooksforthe
County.PerGovernmentCode26905,Not later than the last day of each month, the auditor shall reconcile the
cash and investment accounts as stated on the auditor’s books with the cash and investment accounts as stated
on the treasurer’s books as of the close of business of the preceding month to determine that the amounts in
those accounts as stated on the books of the treasurer are in agreement with the amounts in those accounts as
stated on the books of the auditor. PerGovernmentCode26920(a)(3), A report to the board of supervisors
issued in accordance with the appropriate professional standards, as determined by the county auditor.
HereiswhatIamsending:
MonthlyTreasuryCashReconciliationforMarch2020
CertifiedSupportingCashReportforMarch2020
TheAuditor'sOfficehascountedcashinCountyTreasuryandverifiedthebeginningandendingbalances,
receipts,anddisbursementsmadebytheTreasurerperGovernmentCode26920(a)(2),Verifying that the
records of the county treasurer and auditor are reconciled pursuant to Section 26905.TheAuditor'sOffice
doesnothavetheexpertisetoassessthesoundnessoftheCounty'sInvestmentPolicyorexpressanopinionon
itortheTreasurer'sadherencetoit.
ThankYou,
Josh Crane
Internal Auditor
Auditor-Controller Office of Butte County
http://www.buttecounty.net/auditor/
T: 530.552.3621 F:530.538.7693
COVID- 19 Deputy Chief Operations
Butte County Public Health
T: 530.552.3621 C:530.588.5879
COVID-19 Call Center: 530.552.3050 Open M-F 8am-5 pm,
Office of the Auditor-Controller
Graciela Gutierrez, Auditor-Controller
25 County Center Drive Ste. 120T: 530.552.3600
buttecounty.net/auditor
F: 530.538.7693
Oroville, California 95965
MONTHLY TREASURY CASH RECONCILIATION
Below is the reconciliation of the cash and investment accounts between Auditor and Treasurer Books for the County. Per Government Code
26905,
the amounts in those accounts as stated on the books of the treasurer are in agreement with the amounts in those accounts as stated on the
books of the auditor. Per Government Code 26920(a)(3), A report to the board of supervisors issued in accordance with the appropriate
professional standards, as determined by the county auditor. Attached is the report with detail for your reference.
Treasurer's Balance on the 29th day of February, 2020 was$704,907,011.85
Add Deposits in County Treasury for the Month$271,828,337.01
Sub-Total$976,735,348.86
Deduct Warrants Paid for the Month$261,135,755.51
Amount that should be in the County Treasury on the
31st day of March, 2020.$715,599,593.35
The amount and kind of money actually therein is:
Coin$5,694.00
Currency$281.04
Checkbook Deposit In-Transit (1-Day)
Checkbook Deposit In-Transit Adjustment (1-Day)$132.00
Checkbook Deposit In-Transit (2-Day)$4,020.87
Checkbook Outstanding Items (1-Day)$1,194,712.70
Checkbook Reconciliation$10,657,132.94
Corporate Notes$111,992,892.27
Federal Agency Notes$155,404,431.82
Muni-Bonds$92,720,319.77
Certificates of Deposit$10,745,329.71
Treasury Security$53,753,020.27
Accrued Premiums/Discounts - Investments$(146,917.74)
LAIF$173,338,308.07
School Bonds$95,568,572.90
Cal-Trust
CAMP$10,361,662.73
Total$715,599,593.35
The Auditor's Office has counted cash in County Treasury and verified the beginning and ending balances, receipts, and disbursements
made by the Treasurer per Government Code 26920(a)(2), Verifying that the records of the county treasurer and auditor are
reconciled pursuant to Section 26905. The Auditor's Office does not have the expertise to assess the soundness of the County's
Investment Policy or express an opinion on it or the Treasurer's adherence to it.
I declare under penalty of perjury that the foregoing is true and correct.
Executed at Oroville, California this 23rd day of April 2020.
Graciela C. Gutierrez
Auditor-Controller
________________________________________________________________________
Graciela C. Gutierrez, Auditor-Controller