Check out GFOA’s newest publication release, Financial Policies
Financial policies are used by a governing board and executive management to set the baseline standards for how the organization will be managed financially. Financial Policies is a new GFOA publication that provides guidance on developing and implementing financial policies. The book takes a new look at traditional policies such as general fund reserves, debt, and revenues. It also examines emerging policy issues around economic development, enterprise risk management, and reserves for funds other than the general fund.
Financial Policies also provides a comprehensive step-by-step approach for developing policies and other advice for writing and adopting policies successfully.
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