City Council

4. Implement and Update Written Policies and Procedures for Accounting\nand Financial Reporting\nStaff recommends that the City Council review and approve the following\naccounting and financial reporting policies and procedures as follows:\n1. Federal Awards Management Policy\n2. Monthly and Annual Closing Policy and Procedures\n3. GASB 87 – Lease Policy and Procedures\n4. GASB 96 – Subscription-Based Information Technology Policies and\nProcedures