0168-Financial-Reserves-Policy
Details
Name | Financial Reserves Policy |
---|---|
Number | 0168 |
Sponsor | Finance Department, Corporate Services Division |
Description | The purpose of this policy is to establish consistent standards and guidelines for the administration of financial reserves. The establishment of a financial reserves policy is a prudent business practice, which enhances the City’s financial strength, flexibility, cash flow management, and the ability to achieve City Council’s vision and strategic priorities. This policy will promote strong financial leadership and planning to ensure the long-term viability of the corporation. |
View Document | 0168 Financial Reserves Policy |
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