It will be the policy of the Clerk-Treasurer to report promptly to the Oversight Committee of the Town Council any erroneous or irregular variances, losses, shortages, or thefts of noncash items in excess of $500 estimated market value, except for those resulting from inadvertent clerical errors or misplacements that are identified timely and promptly corrected with no loss to the town, and except for losses from genuine accidents.
(Ord. 2016-4-1, passed 4-14-16)