10-Exhibit H.pdf

This document is a Legislation Report from the City of Columbus detailing the Authorized Fiscal Agent Rules for the Columbus Depository Commission, amended on December 19, 2019. The rules govern the designation and operation of fiscal agents responsible for collecting and temporarily custodying City funds, as established through a joint meeting of the Depository Commission and Treasury Investment Board.

The guidelines outline specific requirements for potential fiscal agents, including mandatory approval by the Columbus Depository Commission, remittance of gross collected amounts, and transfer of funds into eligible City depository accounts. Notably, for fiscal agents collecting over $500,000, a Service Organization Control 1 Type 2 report from a qualified independent audit firm is required, which must confirm the agent's control environment remains unchanged. The rules also stipulate that fiscal agents' status will be reviewed annually to ensure continued compliance with City requirements, and the Depository Commission retains the authority to set additional case-by-case requirements for applicants.