Stale Checks

Open (un-reconciled, not voided) checks aged into 90 / 180 / 365 day buckets. Long-outstanding checks become an unclaimed-property exposure under Louisiana's Uniform Unclaimed Property Act and are a recurring Louisiana Legislative Auditor finding category.

Note: specific dormancy periods and remediation steps (void and reissue vs. escheat to the state Treasurer) should be confirmed with KIPP NOLA's auditor and the Louisiana Treasurer's unclaimed property division before any action. This page just surfaces the exposure.

Open checks

322

Total $ outstanding

$307,300

Open > 365 days

10

$ at escheatment risk

$3,314

Aging breakdown by bucket

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Per-school exposure
No Results

Individual stale checks (oldest first)
No Results

Suggested workflow for stale checks:

  1. Confirm with the payee whether the check was received and lost
  2. If lost: void in SFO, reissue with stop-payment on the original
  3. If unreachable after good-faith effort past the LA dormancy period: prepare for escheatment to the Louisiana Treasurer's unclaimed property division

Discuss specific thresholds and procedures with KIPP NOLA's auditor.