(A) Automatic Clearing House (ACH) transactions. ACH transactions are hereby authorized for the Clerk-Treasurer by making certain payments by ACH. Authorized payments are payroll, bond payments, and payments for monthly bills. Also authorized are any funds received by ACH.
(B) Electronic Funds Transfers (EFT), including online transfers. The Town Council of the Town of Rossville, Indiana authorizes the use of online transfers for the purpose of transferring funds to the Account Payable checking account from the General, Water, Sewage and Trash accounts in the process of paying claims/invoices.
(C) Documentation. The Clerk-Treasurer is required to maintain adequate documentation of the above transactions for future audits, as provided by law.
(Ord. 2021-02, passed 3-9-2021)