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Council approves updated fiscal policies and backs state Issue 2 renewal
Summary
Council adopted a package of updated financial policies including a grants policy and federal purchasing policy, and passed a resolution supporting State Issue 2 (renewal of the statewide capital improvement program). Both measures passed unanimously.
Grandview Heights City Council approved two items during the meeting: a resolution updating the city’s financial policies (Resolution 10‑2025) and a resolution formally supporting State Issue 2, the renewal of the state capital improvement loan and grant program (Resolution 11‑2025).
Resolution 10‑2025 updates the city's debt, cash reserve, investment, budgeting and post‑issuance compliance policies and adds two documents the council had not previously adopted formally: a grants policy and a federal purchasing policy. Director of Finance Miller said the city's cash reserve policy remains at 28% of annual expenditures, a level she and the…
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