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.