(A) Automated Clearing House (ACH) transactions. ACH transactions are hereby authorized for the Clerk-Treasurer to make certain payments via ACH. Authorized payments are payroll, bond payments and payments for monthly bills. Also authorized are any funds received via ACH.
(B) Electronic funds transfers (EFT), including online transfers. Online transfers are hereby authorized for the purpose of transferring funds between town checking accounts in order to process payments.
(C) The Clerk-Treasurer is required to maintain adequate documentation of the above-referenced transactions for future audits, as provided by law.
(Ord. 1396, passed 8-18-2020)