Laserfiche WebLink
Little Canada <br />Fire Department, Inc. <br />325 Little Canada Road Phone & Fax <br />Little Canada, Minnesota 55117 (651) 766- 4057 <br />Little Canada Volunteer Fire Dept. <br />Procedures of Receipts and Expenditures <br />Gross Receipts from lawful gambling are separated by each site and by the type of <br />receipt and are reported to the Membership of this organization at its regular monthly <br />meeting. Gambling proceeds are completely separated from other revenues of the <br />organization. <br />Deposit records detail the type of receipt (Bingo, deal or game), site, license number, and <br />date. Deposits are made within four (4) business days of completion of the game. A <br />Deposit Register is maintained for each site and are verified at the end of each month <br />against the bank statements and Monthly Tax Reports. The reconciled bank statements, <br />monthly tax reports and deposit registers are reported to the Membership and are recorded <br />in the minutes of the regular monthly membership meeting of the organization. <br />Checks from Gross Profit from lawful gambling require two (2) signatures. All <br />expenditures from Gross Profit from lawful gambling are reported to and authorized by <br />the Membership of this organization at its regular monthly meeting and are recorded in <br />the minutes itemized as to date, check number, payee, purpose, and amount. <br />- 2 0 - <br />