| | | | | | | | REPORT TO SHASTA COUNTY BOARD OF SUPERVISORS
BOARD MEETING DATE: October 2, 2018
CATEGORY: Regular - General Government-6.
SUBJECT:
Shasta County Debt Management Policy, County of Shasta Administrative Manual, Policy 2-501 |
| | | | | | | | | DEPARTMENT: | Auditor-Controller
Administrative Office
|
|
| | | | | | | | Supervisorial District No. : All
DEPARTMENT CONTACT: Brian Muir, Auditor-Controller, (530) 225-5541
STAFF REPORT APPROVED BY: Brian Muir, Auditor-Controller; Terri Howat, County Chief Financial Officer
Vote Required?
Simple Majority Vote | General Fund Impact?
No General Fund Impact |
|
| | | | | | | | RECOMMENDATION
Adopt a Policy resolution to revise Administrative Manual, Policy 2-501, Shasta County Debt Management Policy. |
| | | | | | | | DISCUSSION
The Shasta County Debt Management Policy requires a biennial review and updating by the Board of Supervisors. The County Chief Fiscal Officer and the Auditor-Controller have reviewed the policy and updated it to reflect changes in State law and SEC rules. |
| | | | | | | | ALTERNATIVES
The Board could choose to not update the policy. |
| | | | | | | | OTHER AGENCY INVOLVEMENT
None |
|