Page 455 - FortWorthFY23AdoptedBudget

Cash Management

Policy

administrative interests of the City. In pursuit of these interests, the City will utilize
competitive bidding practices wherever practicable, affording no special financial
advantage to any individual or corporate member of the financial or investment
community.

4. The City shall design and enforce written standards and guidelines relating to a variety
of cash management issues, such as the eligibility or selection of various financial
intermediaries and counterparties, documentation and safekeeping requirements;
philosophical and operational aspects of the cash management function; and such other
functional and administrative aspects of the cash management program which necessitate
standard setting in pursuit of appropriate prudence, enhanced protection of assets or
procedural improvements.

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