OVERDRAFT
Treasurers are responsible for overseeing the bank balance and ensuring that there are sufficient funds in the account before issuing cheques.
If, for some reason there are not sufficient funds in the community account to cover an invoice which is due, it is up to the treasurer to forward the necessary information to the Finance department and request that SOO cover the balance of the bill until such a time as the funds are available in the community account.
These deficiencies will be examined on a case by case bases and if sufficient time is not given for SOO to process the request or if a community writes a cheque that cannot be processed more than once the NSF fee may be charged back to the community.