Cash Balancing Standardization

About the Program

Category: County Administration and Management (Best in Category)

Year: 2017

All businesses are faced with the challenge of comparing sales to cash receipts. The task is compounded when there are several product lines, alternative payment methods and multiple locations. Government offices have the added responsibility of ensuring funds collected and disbursed meet the measure of public scrutiny. Ron Wright, Tarrant County Tax Assessor-Collector, took up the challenge of balancing daily activities in an accurate and reliable manner. The result was a tool that provides consistent, uniform and efficient results. The system was introduced at the 2015 Tax Assessor-Collector’s Conference and is already in use at numerous offices across the State.