Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Financial Policy topic
No spam. Unsubscribe anytime.
Treasurer urges adoption of credit-card policy before highway crew card use
Summary
Town treasurer and auditors urged the selectboard to finalize a written credit-card policy before expanding card access to the highway crew; the treasurer said a clear policy would protect town finances and recommended placing the item on a future full-board agenda.
Treasurer urged the selectboard to adopt a formal credit-card policy before assigning card access to the highway crew, saying that the policy is an audit recommendation and will protect town finances. The treasurer and town auditors said the board has been working incrementally to update financial policies and that a clear policy would make any future decision to issue cards easier and reduce the need for external consultant time.
A board member confirmed a low-limit town card has been used for purchases that could not be made differently and described recent situations in which card limits were reached during relocation work. The treasurer asked that the draft policy be circulated and scheduled for a full-board discussion so members can review safeguards and responsibilities before any additional cards are issued.
