HomeMy WebLinkAbout13-178 - ADMIN Resolution - City Council - 2013/12/16RESOLUTION NO. 13-178
RESOLUTION APPROVING A REVISED FUND BALANCE POLICY,
FOR THE CITY OF ST. LOUIS PARK, MN
WHEREAS, City Council desires to revise the City's Fund Balance Policy; and
WHEREAS, staff has reviewed industry best practices, guidance from the Office of State
Auditor, Government Finance Officers Association, and bond rating agency recommended
policies; and
policy.
WHEREAS, the City Council of the City of St. Louis Park has reviewed the proposed
NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis
Park, Minnesota, that:
1.' The Revised Fund Balance Policy is hereby approved as presented.
Review
dministration:
Adopted by the City • uncil December 16, 2013
City
Attest:
..,,,,,,_., 2,____„„);af234:z?.
City Clerk
Mayor