Knowledgebase-Establishing a Debt Policy and a Fund Balance Policy for the Town of Altamont


Information Product

Title:Establishing a Debt Policy and a Fund Balance Policy for the Town of Altamont
Summary:MTAS was asked to provide ordinances to establish a debt policy and a fund balance policy for the Town of Altamont.
Original Author:Darden, Ron
Co-Author:
Product Create Date:09/14/2011
Last Reviewed on::09/14/2011
Subject:Finance--Debt obligation; Accounting--Fund balance; Municipal government--Finance
Type:Ordinance
Original Document: Model Debt Policy Final 2011 (2).pdfModel Debt Policy Final 2011 (2).pdfModel Fund Balance GASB 54.pdf

Reference Documents:

Text of Document: MODEL DEBT POLICY FINAL 2011.docModel Fund Balance GASB 54.doc

Please remember that this ordinance was drafted based upon the drafting requirements and authority granted to a particular city or town in its charter and in general law. These drafting requirements and the authority exercised in this ordinance might not apply to your city or town.

Please confer with your city attorney or an MTAS legal consultant, or both, before using this ordinance as a model.