Oakham Town Council to write off missing Petty Cash
Cllr Adam Lowe, is reporting to council member this week the following Due to poor procedures and recording of petty cash receipts being maintained and with the Council having resolved already to discontinue holding ‘cash’ in the office, as the actual cash cannot be accounted for the only option is for the Council to resolve to write off the figures detailed.
(1)Proposal - Petty Cash that is unaccounted for is to be written off.
(2)Proposal - RIALTAS cashbook is reconciled and closed off at the end of this financial year.
The amount missing has not been included in the published report.
