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75-173 Resolution
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75-173 Resolution
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1/15/2014 3:00:48 PM
Creation date
1/14/2014 10:12:53 AM
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North Olmsted Legislation
Legislation Number
75-173
Legislation Date
6/26/1975
Year
1975
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<br />SCHI~D:;i.L 1': <br />COST R1:I:~ii;:%i~Si.-.~:~'I' SIS1:,.. <br />Cost information developed for purposes of determining <br />reimbursement ar.~ounts must be current, accurate and in sufficient detail <br />to support such arounts. Tliis includes all accounting records ar.d <br />sources for accounting entries (purchase orders, vouchers, inventory <br />listings, labor time cards, payrolls and cost allocation wortaheets) <br />that pertain to co:rputinb a reasonable cost that is capable of being <br />audited. Financial and statistical records„ust be maintained in a <br />consistent manner from one period to another. Changes in accounting <br />principles or procedures, when necessary, must be fully disclosed in <br />accordance with the agree«ent ~.~ith RTA. <br />Statistical Records <br />The City will need to maintain certain operating statistics <br />on a•daily basis, with mo:~thly summaries, in order to comply witiz the <br />provisions of the cost rei^bursar:.ent system: <br />1. Driver hours by type of service <br />2. Vehicle riles by type of service <br />
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