Financial Policies

The Mayor and Town Council are responsible for legislation, policy formulation, and overall direction setting of local government. This includes the adherence to financial policies which establish and direct the operations of the Town to reach and maintain its financial potential through consistent approaches in financial management. These policies are living documents representative of the goals of Town Council and which follow best practices in governmental finance.

Policies

  1. Financial Policy - Accounting Auditing and Financial Reporting
  2. Financial Policy - Capital Asset Management
  3. Financial Policy - Debt Management
  4. Financial Policy - Electric Fund Reserves
  5. Financial Policy - General Fund Reserves
  6. Financial Policy - Internal Control and Risk Management
  7. Financial Policy - Investments
  8. Financial Policy - Long-Term Financial Planning
  9. Financial Policy - Operating and Capital Budget
  10. Financial Policy - Procurement
  11. Purchasing Policy and Procedures Manual
  12. Grant Administration Policy
  13. Title VI and LEP Plan