Bank Account Transparency and Accountability
In 2010, the S.C. General Assembly began requiring each state agency to publicly report the composite reservoir accounts. This is required under General Proviso 89.110, entitled Bank Account Transparency and Accountability.
Composite reservoir accounts are accounts that are not included in detail in the Comptroller General's Statewide Accounting and Reporting System (STARS) or the South Carolina Enterprise Information System (SCEIS). DHEC has four of these accounts which are primarily used as clearing accounts for federal funds and returned checks. In addition, DHEC has one investment account related to an environmental settlement.
The legislature directed state agencies to post these numbers to their respective Web sites by October 1 of each year.
Below is DHEC's Fiscal Year 2012 report. (Fiscal Year 2011 began July 1, 2011, and ended June 30, 2012.)