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Board hears that Indiana State Board of Accounts rules will apply to new treasurer role
Summary
Dom Schwartz reported the new treasurer position will be subject to Indiana State Board of Accounts internal-control standards and Indiana code, prompting discussion about where park grants and accounts should be held and how reporting will work.
Members discussed the board’s newly approved treasurer position and what legal and reporting controls will apply. Dom Schwartz said he had “talked to the Noble County treasurer and, basically, this same thing and the same rules that govern the county treasurer would apply to us with the Indiana State Board of Accounts internal control standards,” indicating the board must align its financial procedures with state guidance.
The Chair and other members asked practical questions about whether the parks board needs a separate bank account or whether grant funds must be routed through the county treasurer, and asked for clarity on reporting lines before pursuing grant funding. A board member who works with township internal controls offered to help review internal-control practices so the board can ensure proper double-checks and reporting.
