Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
CT Paid Leave Authority documents finance, reserve and credit-card policy updates
Summary
Controller Dave presented annual updates to the finance and accounting manuals, including surplus redesignation, a SEEC contractor reporting requirement, three reserve buckets tied to receivable age, and credit-card workflow aligned to AP (Bill); staff will take the changes to the full board next month.
At the committee meeting, Dave (controller, CT Paid Leave Authority) presented the authority’s annual revisions to its finance and accounting manuals, documenting current practice and adding clarifications required by statute.
Dave outlined several substantive items: the routine redesignation of surplus operating funds to contributions at the start of the fiscal year so funds can earn interest; a new statutory reporting requirement to the State Elections Enforcement Commission requiring disclosure of contractors paid over $5,000 with…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
