04 NCAC 02R .0906. FINANCE OFFICER: DUTIES

(a)  The general manager of each local board shall serve as finance officer.  The local board may designate deputy finance officers to aid the officer in the performance of his duties and perform other duties delegated to them by the finance officer or the local board.

(b)  The finance officer shall:

(1)           keep the accounts of the local board in accordance with generally accepted principles of governmental accounting and the rules of the Commission;

(2)           disburse all moneys of the board in strict compliance with these Rules;

(3)           prepare statements of financial condition as often as the governing board requires information;

(4)           receive and deposit all moneys received or supervise the receipt and deposit of money by other authorized employees;

(5)           supervise the investment of idle funds of the local board;

(6)           ensure that all internal controls established by the local board are followed; and

(7)           perform other duties as may be assigned to him by law, by the local board or by the rules of the Commission.

 

History Note:        Authority G.S. 18B‑702(e);

Eff. May 1, 1984;

Amended Eff. July 1, 1992.