[HISTORY: Adopted by the Township Council of the Township of Manchester by Ord. No. 03-011 (Sec. 2-77 of the 1996 Revised General Ordinances). Amendments noted where applicable.]
There is hereby established a procedure wherein volunteer or nonprofit organizations that receive contributions from the Township of Manchester shall provide an annual audit of the organization's financial records.
Each organization which received voluntarily contributions from the Township of Manchester shall provide the Chief Financial Officer of the Township an audit performed by a certified public accountant for the year in which the contribution is accepted.
The audit shall be performed by a certified public accountant or registered municipal accountant and shall certify to the Township Council that the records of the organization are being maintained in accordance with strict accounting principles.
The audit shall be provided to the Township's Chief Financial Officer no later than the end of the organization's fiscal year during the year in which the voluntary contribution is accepted.
The Township's Chief Financial Officer shall submit a report of the organization's audit to the Township Council as soon as possible after its receipt.