Finance committee backs update to fund‑management code raising manager spending limits
Feb 18, 2026
The Skagway Finance Committee recommended a draft ordinance to update Code 4.04, raising delegated spending limits (manager authority proposed to rise from $5,000 to $25,000, shared finance/manager authority to $25,000–$50,000, assembly required above $50,000) and clarifying distinctions between operating expenditures and capital outlays.
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The Skagway Municipality Finance Committee on Feb. 18 recommended a draft ordinance to the full assembly that would modernize borough code 4.04 on management of funds and update delegated spending thresholds.
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