Title
Consider a resolution approving and adopting Financial Policies related to the Budget for FY 2024-25
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 City's annual budget.
The red-lined Financial Policy is attached as Exhibit A. The policies and the minor adjustments will be reviewed with Council at the meeting.
Recommended Action
Staff recommends approval.