Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Altamont council adopts Resolution 315 waiving GAAP requirements
Summary
The Altamont City Council unanimously adopted Resolution 315, a GAAP waiver, after a motion by Councilmember Lyle Sykes and a second from Councilmember Kyle Wiford. The action was recorded as "motion carried."
The Altamont City Council adopted Resolution 315, a General Accepted Accounting Principles (GAAP) waiver, during its Jan. 8 regular meeting. Councilmember Lyle Sykes moved for approval and Councilmember Kyle Wiford seconded; the minutes record that the motion carried and the resolution was approved.
The minutes do not include a roll-call tally or further discussion about the waiver's terms. The action is recorded as a formal council resolution in the meeting record; any statutory citations or ordinance references were not specified in the minutes.
