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RES NO 12-02-2024 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO.la- � 2024 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION OF THE CITY OF VAN BUREN, ARKANSAS,ALLOWING FOR THE DESTRUCTION OF RECORDS FOLLOWING STATE, FEDERAL AND ARKANSAS MUNICIPAL LEAGUE GUIDELINES WHEREAS, The Van Buren City Clerk's office has outdated, unnecessary and redundant records that need to be disposed of and destroyed; and WHEREAS, The Van Buren City Clerk's office intends to follow proper guidelines regarding destruction of records and will seek City Council approval prior to any destruction of records of a financial nature moving forward such as closed bank accounts. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN,ARKANSAS, THAT: SECTION l: The City Clerk's office is seeking approval to destroy support documents prior to year 2018, which include items such as: cancelled checks, invoices, bank statements, receipts, deposit slips, bank reconciliations, check registers, monthly financial reports, payroll records, bids, quotes and budget documentation. SECTION 2: The City Clerk's office is seeking approval to destroy semi-permanent documents prior to year 2018, which include items such as: Fixed Asset and Equipment records, Annual financial reports, Investment and Certificate of Deposit records. SECTION 3: The City Clerk's office is not seeking approval to destroy permanent records and as such will continue to house these documents: City Council Minutes,Ordinances, Resolutions, Employee Retirements Records (contribution records), Annual Financial Audits and Year End Financial Statements. The City Clerk's office will forward Fire Department termed employee records less than thirty(30)years old to the Fire Department to retain per their state or federal guidelines. IN WITNESS WHEREOF, the City of Vr244. uren, Arkansas,by its City Council, did pass, approve, and adopt, by a vote of�for andagainst, the foregoing Resolution at its regular meeting held on the 30th day of December G\erk TreasG,. cow Cit sep . Hurst y of Van Buren n a Mwf or— ATTESTED: � v�ryCounty.PtKa�yg APPRO O FORM: Shawnna M. R y olds Jaco owell City Clerk/Treasurer City Attorney '� ` . i I ', �� - i � 1 City of Van Buren Retention of Records Schedule Supported by ACA 14-59-114 Support Documents KEEP 7 YEARS • Cancelled Checks • Invoices • Bank Statements • Receipts • Deposit Slips • Bank Reconciliation • Check Book Registers • Receipt Listing • Monthly Financial Reports • Payroll Records • Budget Documents • Bids • Quotes • All related materials for any of the above Semi-Permanent Records KEEP 7 YEARS • Fixed Assets and Equipment Detail Records • Invest and Certificate of Deposit Records (time begins AFTER maturity) • Journals • Ledgers • Subsidiary Ledgers • Annual Financial Reports Permanent Records — KEEP FOREVER (never destroyed) • City Council Minutes • Ordinances • Resolutions • Employee Retirement Documents • Annual Financial Audits • Year End Financial Statements A list of items to be destroyed will be provided to the Van Buren City Council annually for approval and will be recorded with a resolution.