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original document ·
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unofficial consolidation, the official version is held by the municipal clerk.
Town of Kentville Policy Statemen
PurposeTo provide a uniform policy and guidelineswhich willensure the long-term financial st
Definitions"Annual Surplus"Excess revenue over expenses for general operating activities, as
A segment of the Operating Reserve Fund which
ScopeTo ensure that the Town of Kentville is well-positioned and able to respond to risk factors
The authority to maintain an operating reserve f
ProceduresFunding of ReservesThe Operating Reserve fund shall be funded by means of unres
The Director of Finance will confirm that funds a
Associated Documents6.0
Policy Revision HistoryDate Created: January 28, 2013Revisions:January 2017. Reformatted
(this space is intentionally left blank) TOWN OF KENTVILLEOPERATIN