6A-14.072: Financial Records and Reports
PURPOSE AND EFFECT: The purpose of the amendment is to update the accounting manual which all community colleges must follow relating to financial records. The effect is that each community college will have the most current requirements to ensure consistency in financial reporting and recordkeeping.
SUMMARY: This rule is amended to adopt the updated accounting manual.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
SPECIFIC AUTHORITY: 1001.02(1), (9), 1010.01(1) FS.
LAW IMPLEMENTED: 1001.02(9), 1010.01 FS.
A HEARING WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
DATE AND TIME: May 15, 2007, 1:00 p.m.
PLACE: Orlando World Center Marriott, 8701 World Center Drive, Orlando, Florida
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Everett Condry, Division of Community Colleges, Department of Education, 325 West Gaines Street, Tallahassee, Florida
THE FULL TEXT OF THE PROPOSED RULE IS:
6A-14.072 Financial Records and Reports.
(1) Each community college shall keep financial records according to the Department of Education publication, “Accounting Manual for Florida’s Public Community Colleges, 2007 2001,” incorporated herein by reference. Copies may be obtained through the Division of Community Colleges, Department of Education,
(2) through (3) No change.
Specific Authority 1001.02(1), (9), 1010.01(1) FS. Law Implemented 1001.02(9), 1010.01 FS. History–Formerly 6A-8.11, Repromulgated 12-19-74, Amended 12-26-77, 7-2-79, 5-14-85, Formerly 6A-14.72, Amended 11-12-91, 7-7-92, 2-16-94, 12-18-94, 11-27-95, 11-13-96, 12-9-97, 5-18-99, 2-29-00, 7-30-01, 5-19-03, 7-20-04,_________.
Cf. Accounting Manual for