§ 33.06 MATERIALITY THRESHOLD.
   (A)   The town hereby adopts the Internal Control Policy attached to the ordinance codified herein.
   (B)   The Clerk-Treasurer is directed to ensure that all personnel receive training concerning the internal control procedures adopted and approved herein prior to 6-30-2016.
   (C)   The town hereby adopts a materiality threshold of $500 for purposes of the internal control procedures adopted and approved herein.
(Ord. 2016-6, passed 5-3-2016)