Laserfiche WebLink
The following formula is used to calculate the PAF: <br />Charge Rate x Monthly Average Positive Ledger Balance x (Actual Days in Month / Actual Days in Year) <br />5, What account analysis settlement periods are offered? (i.e. Monthly, <br />Quarterly, Semi - annually, Annually)? <br />Settlement schedules may be negotiated to include monthly, quarterly, semi- <br />annual and annual settlement periods. <br />Earnings credit is calculated and applied within the billing cycle and excess credit <br />amounts can not be carried forward outside of the settlement period. <br />61 Are Account Analysis reports available on -line? How many days after month - <br />end are the Bank analysis statements available? <br />The City can retrieve electronic account analysis statements via ACCESS Online <br />on the sixth business day after month end; up to 13 months of statements are <br />available. All sections of your account analysis statement may be viewed, printed, <br />and exported through ACCESS Online. Analysis statements will be available in <br />PDF, Excel and CSV formats. The City can group specific accounts and billing <br />relationships together for online analysis purposes and create user profiles giving <br />access to specific accounts or billing relationships, as required. <br />The City will benefit from online access with: <br />• Faster Delivery: The PDF version is available on the sixth business day. <br />• Robust Encryption Technology: Allows you to export billing <br />statement data into Excel format or text (CSV) for further analysis <br />purposes. <br />• Grouping of Multiple Billing Accounts: Allows you to group specific <br />accounts and billing relationships together for online analysis purposes. <br />i Control Over User Administration: Security administration allows <br />you to create user profiles giving access to specific accounts or billing <br />relationships, as required. It also allows you to reset user passwords. <br />7, if the City develops a need for additional accounts or services during the life <br />of the depository agreement will the new accounts or services be provided <br />with the same conditions as apply to the existing accounts at the time? <br />Yes. Your dedicated client service professional, Marilyn Hardney, will assist the <br />City with any additional accounts needed in the future. <br />Page 113 J P. lY o an <br />55E -206 <br />