How often must money be deposited?
Weekly deposits are required by Wisconsin State Statutes. Receipts totaling more than $1,000.00 should be deposited daily. All departments should complete the standardized deposit slip when depositing cash with the Cashier’s Office. This form is located on the Cashier’s Office website. Account name, account number, description, and amount should be completed. Questions on an account name and code should be addressed to the Business Services Office and coding information will be provided. The period covered by the deposit should be entered on the deposit slip. The Business Services Office is the only department authorized to have a bank account. All other departments are prohibited from opening any bank account to deposit state funds. All receipts collected by any department in the performance of assigned duties are considered state funds and must be deposited through the Cashier’s Office.
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