Laserfiche WebLink
uj�, <br />3 <br />Discussion (Continued) <br />Contracts with coo soles in which the officer ie en em to ee. If the involved <br />goveramenta o i:ar or employee s s mp q an ;mp ogee w s out managerial powers <br />and receives the some salary or raise regarditas of the contract with the <br />"ver.mt"" bole theme prohbl• Ie no eonfHO 4 inOrest. However; If said <br />officer receives a bonus or commieston, ate. as a result of the contractual <br />transaction between his employer and the municipality, there is definitely a <br />conflict of interest. <br />It can be seen there are oucerous aspects to be examined by the auditor in order <br />to understand the totality of interests Involved in a given contract or transac- <br />tion, between the governing body and an entity or person with a relationship to <br />■ member officer. <br />If after revlew of the facts and applicable statutes you ate still unsure no to <br />whether a particular set of circumstances constitutes a conflict of interest, <br />you should contact an attornay for advice prior to preparing the "Audit <br />Conclusion" at the end of this menus], ^action. <br />2-2 <br />