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Budget committee adopts modest administrative and personnel policy updates, adds whistleblower language and raises education assistance cap
Summary
The Wasatch Front Regional Council Budget Committee approved updates to its administrative/accounting and personnel policies on March 17, including adoption of a whistleblower policy, raising the capitalization threshold to $10,000 and increasing the educational assistance reimbursement cap to $5,250.
The Wasatch Front Regional Council Budget Committee voted March 17 to adopt modest updates to the council’s administrative/accounting policy and personnel policy.
Marion (staff) told the committee the policy changes respond to recent federal guidance and internal controls review. Key changes include an increase in the capital asset capitalization threshold from $5,000 to $10,000 to align with federal uniform guidance; adoption of a written whistleblower policy to supplement the council’s existing fraud hotline; clarification of internal controls for a new bank account that supports mobile deposits with segregation of duties; and raising the educational assistance reimbursement cap to $5,250 to reflect IRS limits and peer practice among area agencies.
A committee member moved to accept the amended policies and procedures; another member seconded, and the motion passed by voice vote with no opposition recorded in the transcript.
Ending: Staff said the changes are intended to ensure continued compliance with federal grant rules and strengthen internal controls; they will incorporate the updates into the final policy packet for the full council.
