Many cities have some financial policies even though the elected officials have not formally adopted them. Often these policies result from precedent, and they become standing practices within a city. This chapter will guide elected officials through the formal adoption process of these policies. To conclude, sample policies are given and suggested guidelines for policy formulation are discussed.
About the Author
Sabrina Wiley Cape, CPA, has over twenty years of governmental financial experience. She gained her local government experience with the City of Gainesville as she served as their finance director and assistant city manager. In addition Sabrina served as a faculty member with the University of Georgia's Carl Vinson Institute of Government for nine years where she has developed curriculum and taught elected and appointed officials in Georgia's local governments in the areas of accounting, auditing, budgeting, treasury, debt, internal controls, law and various other special topics through traditional classroom and online instruction.