AI - 93016
5.A.
DD-REGULAR AGENDA SPECIAL MTG
- Meeting Date:
- 10/31/2023
- Submitted By:
- Alvaro Chuc
- Department:
- DRAINAGE DISTRICT
Information
CAPTION
Vendor Direct Deposit Payments
1. Requesting approval to process vendor payments via ACH Direct Deposit
2. Requesting approval of the "Authorization For Vendor Direct Deposit" and "Financial Institution Verification" forms.
3. Requesting approval to establish ACH limits by Bank Account: General Fund $5 Million, Special Revenue $2 Million, Capital Projects $15 million, Debt Service $1 Million, and Payroll $1 Million.
4. Approval of the HCDD1 ACH Procedures and establish that direct deposit file will be uploaded to the bank after Board of Directors meetings.
1. Requesting approval to process vendor payments via ACH Direct Deposit
2. Requesting approval of the "Authorization For Vendor Direct Deposit" and "Financial Institution Verification" forms.
3. Requesting approval to establish ACH limits by Bank Account: General Fund $5 Million, Special Revenue $2 Million, Capital Projects $15 million, Debt Service $1 Million, and Payroll $1 Million.
4. Approval of the HCDD1 ACH Procedures and establish that direct deposit file will be uploaded to the bank after Board of Directors meetings.
BACKGROUND
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Final Approval | Nora Cavazos | 10/27/2023 02:58 PM |
- Form Started By:
- Alvaro Chuc
- Started On:
- 10/24/2023 10:18 AM
- Final Approval Date:
- 10/27/2023