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Council approves Policy & Finance recommendation for MVFD to use QuickBooks, sets $2,500 preauthorization threshold
Summary
The council approved recommendations that Mission Volunteer Fire Department manage finances via QuickBooks linked to its bank account, require preauthorization for expenditures over $2,500, and submit a monthly financial report at the city's second regular meeting each month.
Council approved the Policy & Finance Committee's recommendations that the Mission Volunteer Fire Department (MVFD) manage its finances through QuickBooks linked to the MVFD bank account. The committee recommended preauthorization for expenditures exceeding $2,500 and that MVFD present a monthly financial report at the second regular city meeting each month.
The motion to adopt the committee's recommendations was made by Garriot and seconded by Guerue and recorded as approved in the minutes. The record does not include details on who will perform account oversight beyond the preauthorization threshold or when the QuickBooks linkage must be operational.
