
MEMORANDUM NO. 98-41
October 22, 1998
TO THE HEADS OF ALL STATE AGENCIES
  
    | Attention: | Chief Administrative and Fiscal Officers, and Business Managers | 
  
    | Subject: | Revised Accounting Procedure Manual for Activity and Welfare Funds | 
  - PURPOSE
 To promulgate changes to the existing accounting procedures in the
    Activity and Welfare Fund Manual.
 
- AUTHORITY
 Stipulations for Activity and Welfare funds as prescribed by
    Sections 4-52 through 4-57a of the Connecticut General Statutes.
      - Connecticut General Statute 4-53 -  Establishment of activity funds."The
        administrative head of any such institution or agency may, with the approval of the
        comptroller and in accordance with procedures prescribed by the comptroller, establish one
        or more activity funds."
 
 
- Connecticut General Statute 4-56 -  General welfare funds.
 "....shall be
        used in accordance with procedures prescribed by the comptroller, for the benefit of the
        students or clients of such institution or agency in any manner which the governing board
        of such institution or agency deems suitable."
 
- Connecticut General Statute 4-57a.  Activity fund for inmates. Management of fund.
 Correctional General Welfare fund.
 "(b) The commissioner of
        correction may, with the approval of the comptroller and in accordance with procedures
        prescribed by the comptroller, establish one or more Activity funds."
 
 
- GENERAL INFORMATION
 
 The prescribed procedures will be effective with the
    distribution of the manual.
 
 These procedures are applicable to any of the subject funds established with the
    approval of the Comptroller.
 
 New manuals are being distributed to all applicable agencies. In the event your agency
    has not received their copy, contact the Comptroller's - Policy Services Division at (860)
    702-3440.
 
 Please assist our Office with our efforts to maintain a functional manual by providing
    your comments. Suggestions to add information or make a correction to the next revision
    should be submitted on the attached form.
    Agencies interested in serving on the Activity/Welfare Fund Task Force can advise our
    Office by indicating on the attached form.
 
 This memorandum and the new manual will be available on the Comptroller's Home Page.
 
 
NANCY WYMAN
    STATE COMPTROLLER
NW:BG
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