Detroit Water and Sewerage Department
File #: 20-0239    Version: 1 Name:
Type: Policy Status: Approved
In control: Office of the General Counsel
On agenda: 9/29/2020 Final action: 9/29/2020
Title: The Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the following Finance policies: 1) Asset Management, 2) CIP and Capital Budget Policy, 3) Daily Receipt Reconciliation, and authorizes the Director to take such action as may be necessary to effectuate the policies.
Indexes: Board of Water Commissioners
Attachments: 1. 200-FIN-Asset Management (FINAL DRAFT).pdf, 2. CIP and Capital Budget Policy (Final Draft).pdf, 3. Daily Receipt Reconciliation Policy (FINAL DRAFT).pdf

Title

The Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the following Finance policies: 1) Asset Management, 2) CIP and Capital Budget Policy, 3) Daily Receipt Reconciliation, and authorizes the Director to take such action as may be necessary to effectuate the policies.

 

Body

Agenda of September 29, 2020

Item No. 20-0238

Finance Policies

 

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 Debra N. Pospiech, Chief Administrative Officer/General Counsel, the Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the following Finance policies:

 

1)  Asset Management

2)  CIP and Capital Budget Policy

3)  Daily Receipt Reconciliation

 

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