(A) Property should not be transferred, turned-in for auction or disposed of without prior approval of the department head. A fixed asset transfer/delete form should be sent to the Clerk-Treasurer in all cases.
(B) For the purpose of this section, TRANSFERS are defined as any movement of an asset by virtue of change in location, either by account, department, building, floor or room. If an asset is stolen, the department should notify the Clerk-Treasurer as the town’s Chief Financial Officer.
(Res. 9, passed 7-20-2004)