12-5903.Same; cash basis; budgets; accounts and
records; annual report.
(a) The bank shall be subject to the provisions of the
cash-basis law,
K.S.A. 10-1101 et seq., and amendments thereto.
(b) The budget of the bank shall be prepared, adopted and published as
provided by law for other political subdivisions of the state. No budget shall
be adopted by the board until it has been submitted to, reviewed and approved
by the governing body.
(c) The board shall keep accurate accounts of all receipts and
disbursements. The receipts and disbursements of the board shall be audited
yearly by a certified or licensed public accountant and the report of the audit
shall be included in and become part of the annual report of the board.
(d) All records and accounts shall be subject to public inspection pursuant
to K.S.A. 45-216 et seq., and amendments thereto.
(e) Any moneys of the bank which are not immediately required for the
purposes of the bank shall be invested in the manner provided by K.S.A.
12-1675, and amendments thereto.
(f) The bank shall make an annual report to the governing body
on or before January 31 of each year, showing receipts and
disbursements from all funds under its control and showing all property
transactions occurring in each year. Such report shall include an inventory of
all property held by the bank. A copy of such inventory also shall be published
in the official city newspaper on or before January 31 of each year.
(g) The bank shall be subject to the provisions of K.S.A. 9-1401 et
seq., and
amendments thereto.
12-5903.Same; cash basis; budgets; accounts and
records; annual report.
(a) The bank shall be subject to the provisions of the
cash-basis law,
K.S.A. 10-1101 et seq., and amendments thereto.
(b) The budget of the bank shall be prepared, adopted and published as
provided by law for other political subdivisions of the state. No budget shall
be adopted by the board until it has been submitted to, reviewed and approved
by the governing body.
(c) The board shall keep accurate accounts of all receipts and
disbursements. The receipts and disbursements of the board shall be audited
yearly by a certified or licensed public accountant and the report of the audit
shall be included in and become part of the annual report of the board.
(d) All records and accounts shall be subject to public inspection pursuant
to K.S.A. 45-216 et seq., and amendments thereto.
(e) Any moneys of the bank which are not immediately required for the
purposes of the bank shall be invested in the manner provided by K.S.A.
12-1675, and amendments thereto.
(f) The bank shall make an annual report to the governing body
on or before January 31 of each year, showing receipts and
disbursements from all funds under its control and showing all property
transactions occurring in each year. Such report shall include an inventory of
all property held by the bank. A copy of such inventory also shall be published
in the official city newspaper on or before January 31 of each year.
(g) The bank shall be subject to the provisions of K.S.A. 9-1401 et
seq., and
amendments thereto.
12-5903.Same; cash basis; budgets; accounts and
records; annual report.
(a) The bank shall be subject to the provisions of the
cash-basis law,
K.S.A. 10-1101 et seq., and amendments thereto.
(b) The budget of the bank shall be prepared, adopted and published as
provided by law for other political subdivisions of the state. No budget shall
be adopted by the board until it has been submitted to, reviewed and approved
by the governing body.
(c) The board shall keep accurate accounts of all receipts and
disbursements. The receipts and disbursements of the board shall be audited
yearly by a certified or licensed public accountant and the report of the audit
shall be included in and become part of the annual report of the board.
(d) All records and accounts shall be subject to public inspection pursuant
to K.S.A. 45-216 et seq., and amendments thereto.
(e) Any moneys of the bank which are not immediately required for the
purposes of the bank shall be invested in the manner provided by K.S.A.
12-1675, and amendments thereto.
(f) The bank shall make an annual report to the governing body
on or before January 31 of each year, showing receipts and
disbursements from all funds under its control and showing all property
transactions occurring in each year. Such report shall include an inventory of
all property held by the bank. A copy of such inventory also shall be published
in the official city newspaper on or before January 31 of each year.
(g) The bank shall be subject to the provisions of K.S.A. 9-1401 et
seq., and
amendments thereto.