Finding Text
Criteria - A primary control over cash is the timely and accurate reconciliation of all cash accounts. The
County was unable to reconcile the claim on cash for the operating account with the pooled cash fund.
Additionally outstanding items in the closed pooled cash account were not cleared timely.
Reconciliations of the County’s cash accounts which is a requirement of Texas Local Government Code,
Sec. 113.008, Reconciliation of Depository Accounts.
Condition – Claim on cash did not reconcile to the pooled cash account by a material degree until
corrections were made during the audit.
Effect – Inaccurate financial information was provided to Commissioners’ Court as the bank
reconciliations were not performed timely.
Cause – The former Treasurer was unable to reconcile the bank accounts on a timely basis which caused
the issue to persist into the current fiscal year.
Recommendation - The County Treasurer and assistants should receive training in reconciling bank
accounts (with continued support from outside professionals, if necessary), until all bank accounts are
reconciled on a timely basis and tie to the general ledger.