Page 360 - Microsoft Word - FY 2022 Adopted Budget Document

Appendices Return to Table of Contents
Return to Table of Contents

FINANCIAL POLICIES (CONTINUED)
4. As an additional independent confirmation of the quality of the City’s Investment Policy, the City will seek to obtain the
Certificate of Distinction from the Government Treasurers’ Organization of Texas.

In Compliance: Yes Comments: Currently the City’s Treasurer is the President of GTOT, as well as the official reviewer
of Investment Policies for GTOT. Thus, a conflict of interest. The Investment Policy will be
submitted to GTOT once the Treasury is no longer President in March 2022.

Adopted by City Council on September 14, 2021.

FY 2022 Adopted Budget and Business Plan 349 City of Arlington, Texas