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Budget committee recommends net position policy to BOMA, approves January minutes
Summary
The Spring Hill Budget and Finance Committee voted 3-0 to recommend a draft net position policy for enterprise funds to the Board of Mayor and Aldermen and approved the January minutes, moving the policy forward for consideration by the full board.
The Spring Hill Budget and Finance Committee voted 3-0 to recommend a draft net position policy to the Board of Mayor and Aldermen and approved its January minutes.
Miss Holden presented the policy, saying it applies to enterprise funds such as water and sewer and follows guidance from the Government Finance Officers Association, the…
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