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URA finance update: account balances reported; staff says fraud protections restored and account numbers changing
Summary
Finance staff presented September financials, Georgia Fund 1 balances and told the board they changed account controls after attempted ACH/check fraud; staff said positive pay and ACH blocks are working and an account-number change is planned to prevent future fraud.
Forest Park URA staff presented the agency's September financial summary on Oct. 9, reported balances in operating accounts and Georgia Fund 1 holdings, and described recent banking security steps after attempted unauthorized transactions.
The board was shown a cover-sheet summary for September that listed combined operating starting balances and activity: an opening operating cash figure (budget line referenced as…
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