Council adopts internal control policy recommended by State Board of Accounts
Following a presentation, the town council adopted a formal internal control policy for towns under 200 residents to strengthen segregation of duties, documentation, audits and financial oversight.
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The clerk/treasurer presented an internal control policy the State Board of Accounts recommended for small towns (under 200 residents), describing measures to improve segregation of duties, documentation and recordkeeping, periodic audits, budgeting procedure, and conflict-of-interest safeguards. The policy clarifies the roles of the board and the clerk/treasurer in financial oversight.
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