Cash Management Best Practices Guide

摘要

KPMG conducted on-site interviews with eight transit agencies to assess cashmanagement procedures. During the course of the on-site visits, KPMG performed in-depth reviews of investment policies and procedures, banking relations, forecasting and budgeting, cash and fare media collection procedures, provision for benefit accruals; and planning with respect to FTA, FHWA, and ISTEA requirements. The on-site visits were supplemented with written material provided by transit agencies including, statutes, regulations and policies, budget and financial reports, and performance measures. The best practices described in this Cash Management-Best Practices Guide represent a collection and amalgamation of policies and procedures from the transit agencies which participated in the on-site reviews.