Detroit Water and Sewerage Department
File #: 19-00212    Version: 1 Name:
Type: Policy Status: Approved
In control: Board of Water Commissioners
On agenda: 7/12/2019 Final action: 7/12/2019
Title: The Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the following Finance policies: 1) External Audit, 2) Shared Services, 3) Month End-Period End Close & Journal Entries, and 4) Chart of Accounts, and 5) Back Billing, and authorizes the Director to take such action as may be necessary to effectuate the policies.
Indexes: Board of Water Commissioners
Attachments: 1. Finance_Policy and Procedure - External Audit, 2. Finance_Policy and Procedure - Shared Services Administration, 3. Finance_Policy and Procedure - Month-Period End Close Journal Entries, 4. Finance_Policy and Procedure - Chart of Accounts, 5. Finance_Policy and Procedure - Back Billing

Title

The Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the following Finance policies: 1) External Audit, 2) Shared Services, 3) Month End-Period End Close & Journal Entries, and 4) Chart of Accounts, and  5) Back Billing, and authorizes the Director to take such action as may be necessary to effectuate the policies.

 

Body

Agenda of July 12, 2019

Item No. 19-00212

 

TO:                                          The Honorable

                                          Board of Water Commissioners

                                          City of Detroit, Michigan

 

FROM:                           Gary Brown, Director

                                          Water and Sewerage Department

 

RE:                     Approval of Finance Policies  

 

MOTION

Upon recommendation of Thomas Naughton, Chief Financial Officer, the Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the following Finance policies:

 

1) External Audit

2) Shared Services

3) Month End-Period End Close & Journal Entries

4) Chart of Accounts

5) Back Billing

 

and authorizes the Director to take such action as may be necessary to effectuate the policies.