Transcription of The Basics of Financial Management - RCAC
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The Basics of Financial Management - RCAC
The Basics of Financial Managementfor Small-community UtilitiesRCAPRURAL COMMUNITY ASSISTANCE PARTNERSHIPan equal opportunity provider and employerThis guide was written by Community Resource Group, the Southern RCAP, on behalf of Rural Community Assistance Partnership, 2011 The entire contents of this guide are available on the RCAP website at material is based upon work supported under a grant by the Utilities Programs, United States Department of Agriculture. Any opinions, findings, and conclusions or recommendations expressed in this material are solely the responsibility of the authors and do not necessarily represent the official views of the Utilities Basics of Financial Managementfor Small-community UtilitiesRural Community Assistance Partnership, Inc.
4 • The framework for financial management CHAPTER 1 Sample financial-management policies Financial-management Policies for the _____ Water/Wastewater System General policies Applicability: Financial policies of the board of directors shall conform to applicable state statutes, local ordinances, and other legal obligations of the system.
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