Montana Arts Council : Report On Examination of Financial Statements .. 1979

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The National Endowment for the Arts requires the council to publish an anthology with grant funds pro- vided for the Artists-in-the-Schools program. The fiscal year 1978-79 anthology was published by a Mis- soula printer for approximately $2,100 without approval by the Department of Administration, Purchasing Divi- sion.
5 RECOMMENDATION 2 We recommend that the Montana Arts Council make purchases through the Department of Administration, Purchasing Divi- sion.
Local Banks The council should dep
...osit state moneys in a Missoula bank in accordance with Montana Operations Manual section 2-1200 . This policy allows agencies located outside the capitol complex to deposit moneys in local banks designated by the Treasury Division as approved depositories.
The council received checks totalling $381,708 at its office in Missoula during fiscal year 1978-79. The checks were mailed to Helena for deposit in the State Treasury. Sending the checks to Helena results in an unnecessary delay before the money is available to earn interest, and a significant loss of control over the money while it is in transit.


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