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Finance Committee votes to recommend draft financial policy to Delaware City Council
Summary
The Finance Committee moved and seconded a recommendation to send the draft tax/financial management policy to full council; roll call showed unanimous 'Yes' votes from those recorded and the committee will forward the draft for council review ahead of budget season.
A committee member moved that the Finance Committee recommend the draft tax and financial management policy to the full City Council for review; the motion was seconded and passed on roll call. The mover said, "I move to take it to council." The second recorded the support and the clerk called the roll; recorded votes in the transcript were 'Yes' from Mister Hoffman, 'Yes' for Mayor Bridal, and 'Yes' from Chair Schafer.
Committee members and staff framed the recommendation as a step to move the draft into the council review process rather than a final adoption. Chair Schafer and staff thanked participants for their work and said the policy includes review processes and benchmarking language intended to allow ongoing improvements. The recommendation means the council will consider the draft during its upcoming review nearer budget time.
