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Abraham Lincoln

Financial Policies

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Financial policies provide a framework for the overall management of the County. Such policies aid in the decision-making process, provide guidelines for evaluating current activities, and help manage growth.

Fund Balance Policy

The Fund Balance policy establishes the level of unassigned fund balance required for the County’s General Fund; it sets forth the levels deemed appropriate for County operations, as well as the protocol for use and maintenance of the established levels.

Debt Policy

The Debt Obligation policy provides guidance to the County and its operating units in the issuance of debt and similar obligations.  This policy ensures that the issuance and repayment of all debt obligations are properly planned, approved, and executed.

Investment Policy

The Investment Policy was established in recognition of the County’s fiduciary role in the management of all public funds entrusted to its care.  This policy sets forth the County’s investment objectives, allowable investments and quality, and maturity restrictions.

Reappropriation Policy

The Reappropriation policy provides the criteria under which funds may be reappropriated.

Supplemental Appropriation Policy

The Supplemental Appropriation policy establishes the procedure for approving supplemental appropriation requests.