(A)   All employees, council members, consultants, vendors, contractors and other parties maintaining a business relationship with the town shall act with due diligence in duties involving the town's fiscal resources.
   (B)   Per state law, the Council adopts the Uniform Internal Control Standards for Indiana Political Subdivisions in order to aid in the prevention and detection of fraud, financial impropriety, or irregularity.
   (C)   The President of the Council shall be responsible to implement the internal control standards designed to prevent and detect fraud, financial impropriety, or fiscal irregularities within the town and to recommend to the Council any policies or procedures required to carry out the standards.
   (D)   Training shall be provided on the internal control standards and procedures to all town employees and newly hired employees whose duties include receiving, processing, depositing, disbursing, or having access to town funds. Such training should be given periodically to these employees whenever the standards have been changed or updated, including new town policies and procedures relating to the internal control standards and training to refresh the employees on the standards requirements.
(Ord. - -, passed 6-13-2016)