Title
Receive briefing regarding proposed financial policies for City Council approval.
Body
Solid financial policies, based on best practices in local government finances, are key to sound financial operations. The Finance Department would like to update, formalize and add to the financial policies used to guide City of Mesquite financial operations. Staff will present the proposed financial policies over the next few City Council Pre-Meetings for City Council consideration of approval.
The following financial policies will be reviewed and considered for City Council approval at this meeting:
• General Fund Reserve Policy
• Enterprise Funds Reserve Policy
• Internal Service Insurance Funds Reserves and Funding Policy
• Debt Management Policy
Drafter
Debbie Mol
Head of Department