Laserfiche WebLink
RESOLUTION 60-23 <br />A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS <br />APPROVES FINANCIAL POLICY <br />WHEREAS, financial policy refers to the set of strategies, decisions, and actions taken by the <br />Town to manage its finances and achieve specific economic objectives; and <br />WHEREAS, assists elected officials and staff in saving time and energy in making financial <br />decisions, promoting public confidence, and the development of fiscal management practices; and <br />WHEREAS, the FIC will review the Financial Policy annually during the Annual Comprehensive <br />Financial Reporting (ACFR) process and include in their annual work plan; and <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the Town of Los Altos Hills <br />approves and adopts the Financial Policy (Attachment A). <br />The above and foregoing Resolution was passed and adopted by the City Council of the Town of <br />Los Altos Hills at a regular meeting held on 15th day of June 2023 by the following vote: <br />AYES: Swan, Mok, Schmidt, Tankha, Tyson <br />NOES: None <br />ABSTAIN: None <br />ABSENT: None <br />ATTEST: <br />NO�i/ <br />�eborah '.d• <br />BY: <br />Resolution 60-23 <br />Linda G. Swan, Mayor <br />Page 1 <br />