2. Resolution 2020-053R Resolution 2020-053R.pdf

City Council Meeting · 2026-06-09 · agenda_item

The City of Clermont is considering adopting a new Finance Department Comprehensive Budget Policy. This policy, developed in May 2026, will serve as a framework for the city's financial planning and the funding of its capital needs. The policy covers budget administration, capital improvement planning, user fees, debt management, and fund balance reserves. It is currently under review by the City Council. The adoption of this policy will guide future financial decisions and the planning of city projects, potentially including construction, maintenance, and equipment acquisition. Local contractors, suppliers, and service providers should monitor the city's budget process and capital improvement plans as this policy is finalized. Early engagement before specific projects are bid could offer an advantage.