03/07/2006 Resolutions 2006-75
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RES 0 L UTI 0 N 2006-75
WHEREAS, on January 27, 1992, by Resolution 92-009, the City Council ofthe City
of Grand Island approved and adopted a Fiscal Policies Manual; and
WHEREAS, the City's auditors have recommended that this policy be updated and
that an investment policy be implemented as well; and
WHEREAS, such policy manuals include the following topics:
* General Financial Goals of the City
* Accounting and Budget Policies
* Purchasing Policies
* Revenue and Investment Policies
* Capital Improvement Policies
* Debt Management Policies
* Communication and Disclosure Policies
* Code of Professional Ethics
* Investment Parameters
* Suitable and Authorized Investments
WHEREAS, City administration recommends adoption of the proposed fiscal policies
and investment policies.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Fiscal Policies Manual and the Investment
Policy for the City of Grand Island is hereby approved and adopted; and that the city administration
be responsible for implementation of the polices outlined therein.
Adopted by the City Council of the City of Grand Island, Nebraska, March 7, 2006.
,/
Attest:
pJ\ cu- 9ilwar{.h
RaNae Edwards, City Clerk
Approved as to Form J:I n R l U
March 2, 2006 J:I City Attorney
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