AGENCY: Parowan (Utah)

SERIES: 3930
TITLE: Revenue sharing files
DATES: 1976-1986.
ARRANGEMENT: None

DESCRIPTION: These files report the receiving and the expenditure of federal revenue sharing funds. They were used to monitor compliance with federal requirements and for appropriate audits. The files include recipient account statement (contains date of statement, address of recipient, entitlement summary, amount, cumulative balance, data elements used to calculate allocations, revenue sharing payment summary), a statement of assurances signed by the mayor, and the annual city and town financial report which requested information on city tax structures.

RETENTION

DISPOSITION

RETENTION AND DISPOSITION AUTHORIZATION

These records are in Archives' permanent custody.

APPROVED: 06/1990

FORMAT MANAGEMENT

Paper: Retain in Office for 3 years and then destroy provided all audits have been completed.

APPRAISAL

Administrative Legal

This disposition is based on the record's primary evidential value to the agency. According to 31 CFR 51.102 (1989) audits occur at the minimum "after three fiscal years" and that such records be maintained until the completion of such audit.

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