(A) Automatic Clearing House (ACH) transactions. ACH transactions are hereby authorized for the Clerk-Treasurer to make certain payments via ACH. Authorized payments are payroll, bond payments, and payments for monthly bills. Also authorized are any funds received via ACH.
(B) Electronic Funds Transfer (EFT) including online transfers. The Town Council authorizes the Clerk-Treasurer use of online transfers for the purpose of transferring funds to the account payable checking account from the general, water, wastewater and credit card checking accounts in the process of paying claims/invoices.
(C) Documentation. The Clerk-Treasurer is required to maintain adequate documentation of the above-referenced transactions for future audits, as provided by law.
(Ord. 08-15-2022, passed 8-15-22)