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Goldsboro council adopts blanket fidelity bond policy to cover employees handling public funds
Summary
The Goldsboro City Council voted to adopt a resolution creating a citywide fidelity bond policy that will provide blanket coverage for employees who handle public funds, rather than requiring individual bonds for each employee.
The Goldsboro City Council on an oral vote adopted a resolution creating a Fidelity Bond Policy that affirms the city’s use of a blanket fidelity bond to cover staff who handle public funds.
City finance staff presented the policy as a formal statement of how the city already manages financial risk. “We’re just trying to get things put in writing and get the council…
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