| | | | | | | |  | STAFF REPORT
For Meeting of October 14, 2019
MAYOR AND MEMBERS OF THE CITY COUNCIL | Agenda Item # 9.A.
TITLE: Resolution 2135 Approval and Re-Adoption of City of Hermiston's Financial and Investment Policies |
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| | | | | | | | Subject
Resolution 2135 - Annual Approval/Re-Adoption of the Financial Policies of the City of Hermiston and Superseding Resolution's 2110 and 2111.
Summary and Background
The City Council last approved and re-adopted the City of Hermiston's Financial Policies on September 10, 2018. Additionally, the City Council approved a revision of the City of Hermiston's Investment Policy on February 25, 2019. This action by Resolution 2135 today will provide for approval and re-adoption of ALL the City of Hermiston's financial policies (including the City of Hermiston's Investment Policy) to satisfy the policy requirement for annual approval/re-adoption of all of the City of Hermiston's financial policies.
Tie-In to Council Goals:
NA
Fiscal Information
NA
Alternatives and Recommendation
Alternatives
1. Approve Resolution 2135 to Approve/Re-Adopt the Financial Policies as presented.
2. Do not approve Resolution 2135 to Approve/Re-Adopt the Financial Policies as presented.
Recommendation
Approve Resolution 2135 to Approve/Re-adopt the Financial Policies as presented.
Requested Action/Motion
Approve Resolution 2135 to approve/re-adopt the City of Hermiston's Financial Policies as presented.
Submitted By: Mark Krawczyk |
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