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Council approves updated financial policies to reflect accounting and reporting changes
2264153 · February 11, 2025
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Summary
Council approved a resolution updating the city's financial policies to align with current accounting standards, extend financial-report timing and add leasing options for equipment replacement; the update replaces references to prior staff titles and clarifies reporting timelines.
The Highland Village City Council approved a resolution Feb. 11 updating the city's financial policies. Staff explained the revisions are intended to align policy language with current accounting standards, clarify staff-authority titles and adjust reporting timelines.
Key changes summarized by…
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