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City of Tukwila <br />Allan Ekberg, Mayor <br />INFORMATIONAL MEMORANDUM <br />TO: Finance & Governance Committee <br />FROM: Laurel Humphrey, Legislative Analyst <br />DATE: February 20, 2024 <br />SUBJECT: Financial Policies Review <br />ISSUE <br />Overview of the existing City Council Financial Policies <br />BACKGROUND <br />In 2020, the City Council adopted a reformatted Financial Policies document via Resolution <br />2014. This project reorganized, updated and consolidated policies from a variety of existing <br />sources for ease of use. <br />RECOMMENDATION <br />Staff is seeking Committee discussion on the Financial Policies as a lead-in to this year's <br />budget process. lithe Committee would like to recommend any changes, staff will return <br />with a draft resolution. <br />ATTACHMENTS <br />1. Attachment to Resolution 2014: Financial Policies <br />5 <br />