22 Va. Admin. Code § 30-60-390 - Special internal control safeguards over participant contributions

Because of the cash nature of participant contributions, agencies shall exert special safeguards over such funds. At a minimum, agencies receiving participant contributions shall employ one or more of the following precautions:

(i) have two persons count all cash contributions;

(ii) deposit the amount intact;

(iii) make deposits on a daily basis;

(iv) maintain all cash contributions in a secure place until deposit;

(v) regularly justify cash counts against deposit receipts received from the bank;

(vi) for home-delivered meals, maintain lock boxes in the vans and encourage mailed contributions;

(vii) provide a clearly stated policy concerning provision of client receipts, in duplicate, for each cash transaction; and

(viii) rotate staff periodically, if staffing permits.

Notes

22 Va. Admin. Code § 30-60-390

Derived from Virginia Register Volume 29, Issue 2, eff. October 24, 2012.

Statutory Authority

§ 51.5-131 of the Code of Virginia; 42 USC § 3001 et seq.