1997 Minnesota Statutes

     136F.73 Cash over and short account of imprest cash fund.

    The board may establish a cash over and short account 
 within the imprest cash fund for each state college and 
 university.  This account shall be used to record on a daily 
 basis overages and shortages of cash receipts.  At the end of 
 each fiscal year, the board shall credit or debit the overage or 
 shortage from each state college or university to the board 
 maintenance and equipment appropriation account.  In the 
 instance of a debit balance remaining in any cash over and short 
 accounts, the board may transfer from the maintenance and 
 equipment appropriation account money sufficient to offset such 
 debit balance.  The commissioner of finance shall make the 
 appropriate adjustments and entries on the general books of 
 account of the state.  

    HIST: 1995 c 212 art 4 s 50