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Bristol adopts cash penny-rounding policy for cash payments
Bristol City Council (joint with Board of Finance) · January 15, 2026
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Summary
Council adopted a cash payment rounding policy based on GFOA guidance that will round cash transactions to the nearest five cents and take effect immediately upon passage.
The Bristol City Council voted to adopt a cash penny-rounding standard for cash payments, following a recommendation from the Government Finance Officers Association. The…
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