1) ESTABLISHMENT AND MAINTENANCE OF VARIOUS FUNDS:

City Commission · 2026-05-13 · agenda_item

This item concerns the establishment and maintenance of various funds for the city's electric system. These funds will account for gross revenues, operating revenues and expenses, debt service requirements including interest and principal, and project costs financed by revenue bonds. This is a planned administrative action. The work involves financial management and accounting procedures. Local businesses that provide financial services, accounting, and potentially legal services related to municipal finance could be involved in supporting these established funds. Early engagement with city finance departments may offer insights into future needs.