This is the exact embedded text of the captured official document.
Snapshot 94632bf4fd59 · verified 2026-06-05 ·
original document ·
archived snapshot ·
unofficial consolidation, the official version is held by the municipal clerk.
TOPIC:
Cheques, Cash Receipts, and Deposits
POLICY NUMBER: 9
DATE APPROVED: February 21, 1989
DATE REVISED:
CASH RECEIPTS
1. All cheques are to be stamped with the deposit stamp when received.
2. No personal, or payroll cheques are to be cashed unless a payment is being made on an
account.
3. Cash drawers are to be locked and key removed when not in use.
SIGNATURE STAMPS AND CHEQUES
1. All signatures stamps are to be kept in the safe when not being used.
2. All blank cheque forms are to be kept in the vault when not being used.
3. All cheques over $10,000.00 require two (2) signatures and may not be stamped with a
signature stamp.
DEPOSITS
1. Deposits will be made daily when funds on hand exceed $10,000.00 total.
2. Deposits will be made every Friday regardless of amount on hand.
3. Deposits will be made on the first business day of each month containing all funds
received to month end cut-off, regardless of amount.