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Board reviews and approves unchanged investment policy for audit checklist
Summary
The board annually reviews its investment policy as part of the audit checklist. No changes were proposed; the board voted to accept the existing policy.
The Brentwood Town Board reviewed its investment policy as part of the annual audit checklist and voted to adopt the policy with no changes.
Why it matters: The town’s auditors require that the governing body review the investment policy annually; keeping the policy current is part of regular financial oversight ahead of the upcoming audit in June.
What happened: Andrea (town staff member) presented the item, noting there were no proposed changes since the last update (2022). Board member Ambrose (mentioned) reviewed the policy and indicated no changes were necessary. A motion to accept the investment policy passed on voice vote.
Ending: The board signed the policy as part of the consent to proceed to the audit.
