BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTONAGENDA STATEMENT
Item No. 7.C. For Meeting of: October 17, 2023
Kimberly Domine, Financial Services Manager
Rosylen Oglesby, Assistant City Manager/Interim Director of Finance & Budget
The purposes of this Debt Policy are to set forth comprehensive guidelines for the issuance and management of all City financings. Establish debt objectives and parameters necessary to safeguard the City’s fiscal health and sustainability. Articulate the City Council’s intent for the structure of debt issuance, governance over City debt and long-term planning. Communicate clear policy and strategy guidelines for City debt administration. Assure all debt complies with statutes and regulatory requirements; and to demonstrate to citizens, taxpayers and voters a transparent and accountable stewardship plan.