123.06 DEPOSIT OF PUBLIC FUNDS.
   (a)   Public moneys received by any Village official or employee that exceed one thousand dollars ($1,000.00), individually or cumulatively, shall be deposited with the Fiscal Officer or the properly designated Village depository the next business day from receipt.
   (b)   Public moneys received by any Village official or employee that are one thousand dollars ($1,000.00) or less, individually or cumulatively, shall be deposited with the Fiscal Officer or the properly designated Village depository within three (3) business days from receipt.
   (c)   Public moneys received by any Village official or employee will be properly secured in a lock box, locked file cabinet, safe, or other locked and secure location, until they are deposited pursuant to subsections (a) or (b) above.
(Ord. 2020-17. Passed 7-27-20.)