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Lake County seeks single financial policy document, tighter p-card and receipt rules
Summary
Lake County finance staff proposed consolidating scattered financial policies into one cohesive document, tightening receipt and p-card controls, and moving some purchasing procedures into a separate, updateable procedures manual to improve departmental compliance and transparency.
Lake County finance staff told the Board of County Commissioners on March 5 they plan to consolidate the county’s financial policies into a single document and to tighten procedures around p-cards, receipts and small procurements.
Candace (finance staff) and Tim Bergman said the county’s current set of policies is fragmented and that separating immutable policy from changeable procedures would let staff update operational steps without redoing policy. Tim told commissioners he favors a model used by Eagle County that keeps policy stable while linking to a procedure manual that can be updated as processes (for example, travel reimbursements or vendor invoicing) change.
Finance staff proposed stricter…
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