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Committee agrees to forward amended financial management policy after scrivener fixes and COBRA removal
Summary
The Snoqualmie Finance & Administration Committee voted to send an amended financial management policy to the City Council after agreeing to strike an obsolete 'whereas' clause and remove a fiscal-impact COBRA table; the policy updates purchasing thresholds to align with recent RCW changes and centralizes fund authorizations.
The Finance & Administration Committee on Dec. 8 agreed to forward an amended financial management policy (agenda bill 25089) to the full Snoqualmie City Council after fixing residual language and removing an obsolete COBRA cost line.
Staff said the proposed policy would clarify petty cash procedures, harmonize surplus-of-assets language with Revised Code of Washington (RCW) 35.94.040, update public-works purchasing thresholds to match recent…
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