Disbursement
Warrant Signing policy
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1.
Disbursement of Town funds shall be in accordance with
applicable State Law and the Town of Holden Disbursement
Warrant Ordinance.
2. Disbursement of funds for employee’s wages and
benefits, and payments for school costs in accordance
with requisitions signed by the Superintendent and a
majority of the school Board of Directors, may be made
on warrants signed by
one or more of the Selectmen.
3. For warrants which include payments to individuals or
businesses in which a Selectman has a pecuniary
interest, a notation shall be made next to the
Selectman’s signature and in the minutes of the meeting,
indicating the Selectman
abstained with regard to the payment in question.
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©2011 Town Of
Holden
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