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RESOLUTION AUTHORIZING FINANCE CANCELLATION OF OUTSTANDING CHECKS
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WHEREAS there are bank reconciliations that contain outstanding checks issued by the County of Passaic prior to December 31, 2023.
WHEREAS the accounts and values of the outstanding checks are as follows:
Account #8984 - Clearing A/C - $23,030.77
Account #9085 - Net Payroll - $923.80
Account #9069 - Bergen Risk - $275.00
WHEREAS these checks are old and it is beneficial to the County to cancel these checks.
WHEREAS in the event that a future claim is received, the County of Passaic will refund such funds from its current year Operating account. A listing of these checks will be retained by the County Treasurer.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of the County of Passaic that checks from the above listed account representing the referenced amounts be and are hereby cancelled and are to be credited to miscellaneous revenue in Current Fund.
STATEMENT OF PURPOSE:
TO CANCEL STALE DATED CHECKS THAT HAVE NOT BEEN CASHED.
MD/RC August 13, 2024