(A) I.C. 5-11-1-27 requires all state political subdivisions to adopt minimum levels of internal control standards developed by the State Board of Accounts, as published in the “Uniform Internal Control Standards for Indiana Political Subdivisions” prior to June 30, 2016.
(B) The Clerk-Treasurer has reviewed and recommends adoption of the proposed internal control standards and materiality threshold.
(C) The city hereby adopts the following internal control policy and materiality threshold.
(Res. 2016-15, passed 12-14-2016)