Cash Overages and Shortages Sample Clauses

Cash Overages and Shortages. If the Joint Operator charges any patron a price in excess of the established rate, the amount by which the actual charge exceeds the established rate will constitute a cash overage which will be returned to the patron, where possible. If it is not possible to return overages to the patron, upon realization of such, and subsequent to a demonstration of a good faith effort to perform such, any overage will be included within the next scheduled deposit and identified as an un- returnable overage. If the Joint Operator charges any patron a price which is less than the established schedule of rates, the amount by which the actual charge is less than the established rate schedule will constitute a cash shortage. Any shortage will be identified as a shortage on the cashier's report form. Each day, the Joint Operator will account for and report the total overages and/or shortages for the last 24-hour period. At the end of each calendar month, the Joint Operator will calculate the month's net cash overages and shortages. The daily net figures for overages and shortages may offset each other; however, if there is a net monthly difference of shortages, the Joint Operator will deposit the difference in the State's account on the first day of the following calendar month. If, in the State's sole discretion there are unreasonable shortages on a daily basis, the State may make the Joint Operator responsible for the shortages. If the State decides the Joint Operator is responsible for the amount of any shortage, the shortage will not be reimbursed to the Joint Operator. Further, overages and shortages will not offset each other at any time except on the aforementioned daily basis and then on a monthly basis; the monthly figures will not be netted annually.
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Related to Cash Overages and Shortages

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