(A) The county, acting by and through its County Auditor, is authorized to purchase, as needed, a blanket bond or crime insurance policy endorsed to include faithful performance to cover the faithful
performance of all county employees, Commission members and other persons acting on behalf of the county, including the officers, employees and contractors described under I.C. 5-4-l-18(a).
(B) The minimum bond amount for public officials set forth under I.C. 5-4-1-18(d)(1), (2), including that for county treasurers, circuit court clerks, county sheriffs and Barrett Law fund custodians, as well as those employees directed to file an individual bond by the fiscal body, is fixed as follows:
(1) The amount must equal $30,000 for each $1,000,000 of receipts of the officers office during the complete fiscal year before die purchase of the bond, subject to division (B)(2).
(2) The amount may not be less than $30,000 nor more than $300,000 unless the County Council approves a greater amount for the officer or employee.
(C) The minimum bond amount for public officials set forth under I.C. 5-4-1-18(d) for county auditors is fixed at not less than $30,000.
(D) The minimum bond amount for public officials set forth under I.C. 5-4-1-18(e)(1), including that for county recorders, county surveyors, county coroners and county assessors is fixed at not less than $15,000.
(E) The minimum bond amount set forth under I.C. 5-4-1-18(a)(7), (e)(2), for employees or contractors of the county whose official duties include receiving, processing, depositing, disbursing, or otiierwise having access to funds that belong to the county is fixed at not less than $5,000.
(F) The State Board of Accounts may fix the amount of the bond for a county treasurer, county sheriff, circuit court clerk or Barrett Law fund custodian at an amount that exceeds $30,000 for each $1,000,000 of receipts of-the officer's office during the last complete fiscal year before the purchase of the bond.
(Council Ord. 2015-05, passed 11-30-2015)