ARTICLE 5
Accounting Department
Section 1. All accounts of the Town shall be audited annually under the supervision of the State Division of Accounts, as provided by Chapter 44 of the General Laws and all acts in addition thereto or in amendment thereof.
Section 2. Every department expending municipal funds *in excess of two hundred dollars ($200)* shall only do so by issuing a written purchase order.
Said purchase order must be on a form approved by the *Chief Procurement Officer and Town Accountant*. When issuing such a purchase order, a copy shall be sent to the vendor, a copy to the Town Accountant's Office, and a copy to be retained by the department. (*ATM94)
Small purchases from vendors which will amount to more than two hundred dollars ($200) in the fiscal year may be made using periodic Purchase Order forms.
(Former Sec.2 Deleted ATM92)
Section 3. Any department collecting funds on behalf of the Town shall transfer those funds directly to the Town Treasurer on forms provided by the Town Accountant on a weekly basis. Any department collecting more than one thousand dollars ($1,000.00) in any period less than one week shall, upon reaching that amount, transfer those funds to the Treasurer on a daily basis.
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