Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Accounting Policies topic
No spam. Unsubscribe anytime.
Finance committee removes enterprise‑fund net‑position item from accounting policies package
Summary
The Skagway Finance Committee recommended that the assembly remove the enterprise‑fund net position policy from Resolution 25‑31 for further staff revision, while advancing two other accounting policies required by the municipality’s three‑year review cycle.
The Skagway Municipality Finance Committee voted to recommend an amendment to Resolution 25‑31 to remove the enterprise‑fund net position policy so staff can revise it and return a clearer draft for committee review. Treasurer Rodig told the committee she had re‑reviewed prior discussion and asked that the enterprise‑fund net position section be taken out of the current resolution and handled separately so staff can provide a more detailed draft.
The committee moved forward with the other two accounting policies in the packet — a cash receipts and deposits policy and an invoicing and accounts receivable policy — which staff described as record‑keeping items the municipality already follows and which require the routine three‑year review. Assembly member Burnham made the motion to amend Resolution 25‑31 to remove the enterprise‑fund net position policy; the motion was seconded and approved by voice vote.
Treasurer Rodig said she preferred to bring a revised enterprise‑fund net position policy back to finance for discussion once staff has completed a deeper review and can present a clearer draft. The committee’s recommendation will be forwarded to the assembly, where an amendment can be made to exclude that policy from the package while the remainder of the resolution moves forward.
The committee did not record a roll‑call vote for the amendment in the transcript; the motion passed by voice vote at the finance committee meeting.
