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HomeMy WebLinkAboutSummary FormFILE ID: AGENDA ITEM SUMMARY FORM 16-00409 Date: 03/24/16 Requesting Department: Finance Commission Meeting Date: 05/26/2016 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Resolution Updating the City's Debt Management Policy Purpose of Item: Law Department Matter ID No. The purpose of the Resolution is to update the City's Debt Management Policy Background Information: Working with the City's financial advisors, the Finance Committee, City Administration has updated the City's Debt Management Policy. The Resolution would accept and approve the amended and restated Debt Management Policy. It would direct the City Manager to instruct the Finance Director to implement the amended Debt Management Policy Budget Impact Analysis NO Is this item related to revenue? pro Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP If using or receiving capital funds Grants Final Approvals (SIGN AND DATE) Bud Risk Management Purchasing Dept. Director Chief „w �-�'' ? ?)c, //6' City Manager Page 1 of 1