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Financial Policies

The City of Belmont is a best practice city and incorporates Best Practices and Advisories issued annually by the Government Finance Officers Association (GFOA) and from other sources.  GFOA Best Practices and Advisories are written as a guide, and identify specific policies and procedures contributing to improved government management.

Below is the entire list of City of Belmont Best Practices and Advisories. These policies are used by staff to identify enhanced techniques and provide information about effective strategies when these topics arise. They are not prescriptive, but are formative.  

The Audit Committee and the City Council have accepted the following as the City of Belmont Financial Policies.

 

City of Belmont Best Practices and Advisories Listing

Accounting, Auditing, and Financial Reporting

Budgeting and Financial Planning

Economic Development and Capital Planning

Debt Management

Pension and Benefit Administration

Treasury and Investment Management

Other