Page 278 - GFOA Draft 2

CITY OF SAGINAW
RESOLUTION NO. 2020- 10

A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SAGINAW,
TEXAS ADOPTING FINANCIAL MANAGEMENT POLICIES

WHEREAS, the City Council has reviewed the financial management policies in a
series of workshops, and

WHEREAS, said City Council is of the opinion that these policies are designed to
establish guidelines for the fiscal management of the City:

NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SAGINAW, TEXAS:

1. That the City Council ofthe City of Saginaw, Texas does hereby formally approve
and adopt the FINANCIAL MANAGEMENT POLICIES, as a copy is attached to
the Resolution.

2. That henceforth the FINANCIAL MANAGEMENT POLICIES hereby adopted
shall be in full force and shall supersede any such prior policy and provision
thereof.

17th
ADOPTED AND APPROVED this the day of March, 2020.

A PROVED:
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Todd Flippo, Mayor ,
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Janie ngland, City Secretary j;' , M
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APPROVED AS TO FORM AND LEGALITY: t

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Bryn fr'' edith, City Atto • 4•••••'.°``•
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