Title
Consider a resolution approving and adopting Financial Policies related to the Budget for FY 2023-24.
Body
The Chief Financial Officer proposes some minor updates to the City’s financial policies. These policies provide a strong framework to guide fiscal and budgetary decision making. Per the policy, these are reviewed and adopted annually in conjunction with the adoption of the City of Round Rock annual budget.
There no major policy changes recommended for FY 2023-24, only a few minor clarifications are noted.
The red-lined Financial Policy is attached as Exhibit A.
Recommended Action
Staff recommends approval.