45-1975

45-1975. Receipt of monies; disbursements;
operation of accounting system

A. Monies due to the authority under agreements for the sale of water or other
services, proceeds of revenue bond issues or any other obligation may be made payable at
the office of the authority. All monies derived from operations of the authority and
received by any officer, agent or employee of the authority shall be promptly remitted to
the secretary-treasurer.

B. All operation monies of the authority shall be paid out only according to the
regularly adopted operation budget of the authority on warrants in discharge of claims
and obligations approved by the board, signed by the chairman of the board and
countersigned by the executive director or other duly authorized officer of the
authority.

C. The appropriate claim vouchers shall be regularly entered in the accounting
system of the authority and preserved for auditing purposes.