(A) The Common Council of the city hereby endorses the Clerk-Treasurer’s policy as found in Appendix A of Ord. 2016-008.
(B) The Common Council of the city calls upon the Clerk-Treasurer, city officials, employees, and agents to enforce and comply with the policy on materiality and process for reporting material items and to report noteworthy items to the State Board of Accounts.
(C) The Common Council of the city directs the Clerk-Treasurer to monitor, as necessary compliance with the policy on materiality and process for reporting material items and report noteworthy items to the Common Council of the city.
(D) The Clerk-Treasurer shall advise the Common Council of the city of any changes in the policy on materiality and process for reporting material items.
(Ord. 2016-008, passed 5-2-16)