A. All erroneous or irregular variances, losses, shortages, or thefts of funds or property belonging to Jasper County shall be reported to the Jasper County Auditor and the President of the Board of Commissioners.

B. The Auditor shall report all the irregular variances, losses, or shortages, or thefts of funds or property above $500.00 or equivalent value to the Indiana State Board of Accounts.

C. All misappropriations of public funds or assets of a public office by Jasper County employees and in-house contractors of Jasper County shall be reported to the Jasper County Auditor, who shall report or ensure a public officer has reported the same in writing to the Indiana State Board of Accounts, the Jasper County Prosecuting Attorney, and the President of the Board of Commissioners.

D. The Board of Commissioners and the Risk Management Board are authorized under IC 5-14-1.5-6.1(6) to hold executive sessions to receive information concerning misconduct.

E. The Jasper County Risk Management Board shall address misappropriations and immaterial variances, losses, shortages, or thefts of funds or property and consider changes to internal control policies and procedures to prevent a recurrence of the condition.

F. Documentation of the incidents shall be maintained by the Jasper County Auditor. [Ord. 6-6-16C.]