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Council reviews draft revised financial policies; utility rate study scheduled for FY26
2350421 · February 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Staff presented a revised set of financial policies aligned to GFOA best practices and told council the city will budget for a new utility rate study in fiscal year 2026.
City finance staff and the city manager presented revisions to the city’s financial policies intended to update and expand earlier guidance. Staff said the draft draws on Government Finance Officers Association (GFOA) best practices and tailored those principles for St. Helens.
Key changes described include clearer…
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