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R 2447 . r J.lq ",. ., .. RESOLUTION NO. 2447 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING A RECORD RETENTION SCHEDULE AND AUTHORIZING THE DESTRUCTION OF CERTAIN UNNECESSARY RECORDS PERTAINING TO FINANCIAL OPERATIONS WHEREAS, the Finance Department of the City of Arroyo Grande has no established Records Retention Schedule: and WHEREAS, establishment of such a schedule is desirable; and I WHEREAS, said schedule has been approved by the City's ! Auditor; and I L WHEREAS, Government Code Section 34090 sets forth a procedure for the destruction of unnecessary City records; and WHEREAS, said schedule meets the guidelines set forth in Code Section 34090; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Arroyo Grande hereby authorizes the adoption of the attached Exhibit "A" as the Records Retention Schedule for the City's Finance Department, and authorizes the destruction of all records which are older than the limits of said schedule and are not found to be of historical value. On motion of Council Member Dougall ; seconded by Council Member Moots , and on the fOllowing roll call vote, to wit: AYES: Council Members Dougall Moots, Olsen, Smith and Mayor Millis NOES: None ABSENT: NOI;lE; ABSTAIN: the foregoing resolution was passed and adopted this 12th day of February , 1991. ~~ ~ .~ MAYOR MARK . MI6 ATTEST: ~ 11. ~ CITY CLE NANCY A. DAVIS ~ APPROVED AS TO FORM: __ ~. ____ J . ~ ,. . Resolution No. fi4J Page 2 - EXH I B IT A CITY OF ARROYO GRANDE FINANCE DEPARTMENT RECORDS RETENTION SCHEDULE LENGTH Of RECORD RETENTION Audited rinanclal Statements Permanent Copies of Budgets/Supplements II ! Payr-o I I Check Reg 1 sters Permanent I I Quarterly Payroll Tax/Pers Reports/Etc. II --J Payro II Summury Post I ng Journa I s 5 Years Payrol I Labor Distributions II City Employee Folders II Detai I Ledgers/General Ledgers 10 Years Genera I Journa Is Revenue Journals/Expenditure Journals Accounts Payable Check Registers Cancel led Checks/Bank Statements Bank Reconci I lations Cash Receipt Copies Accounts Payable Invoices Treasurer's Cash Logs 10 Years Investmcnt Logs/Records II Investment Contracts In Force Consol idated UtI I Ity Bil I ing Ledgers 5 Years Utll ity 01 1,1 l,ng Applied Payment Lists II 5ununary Ut i II ty B IIII ngs/Payments II Field Asset Appraisal/Annual Updates From last appraisal , ...J