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FINANCIAL POLICY MANUAL TOWN OF CLINTON A COMMUNITY COMPACT CABINET INITIATIVE SEPTEMBER 2020PREPARED BY: DLS Technical Assistance Bureau 100 Cambridge Street, Boston, MA 02114 www.mass.gov/dls Theo
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01
Start by gathering all the necessary information and documents related to the financial policies of the town.
02
Create a clear and comprehensive outline or table of contents for the manual, outlining the different sections and topics that need to be covered.
03
Begin by describing the overall financial goals and objectives of the town.
04
Provide detailed instructions on how to handle different financial transactions such as budgeting, accounting, and financial reporting.
05
Include policies and procedures for procurement and purchasing, including guidelines for competitive bidding and proper documentation.
06
Address any specific financial policies that are relevant to the town, such as those related to grants, taxes, or fees.
07
Ensure that the manual is written in a clear and accessible language, avoiding excessive jargon or technical terms.
08
Have the manual reviewed by relevant stakeholders, such as the town council, finance department staff, and legal advisors, to ensure accuracy and compliance with applicable laws and regulations.
09
Once the manual is finalized, distribute copies to all relevant personnel and ensure that they receive proper training on its contents.
10
Regularly review and update the financial policy manual to reflect any changes in laws, regulations, or town procedures.

Who needs financial policy manual town?

01
Any town or municipal government that wants to establish clear and consistent financial policies and procedures can benefit from having a financial policy manual. It is especially important for towns that handle public funds, as it ensures transparency, accountability, and compliance with laws and regulations. The manual can be used by town council members, finance department staff, auditors, and other stakeholders involved in the financial management of the town.
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The financial policy manual town outlines the rules and procedures for managing finances within the town.
All town officials and employees responsible for financial management are required to file the financial policy manual.
The financial policy manual town should be filled out following the guidelines and instructions provided in the document.
The purpose of the financial policy manual town is to ensure transparency, accountability, and efficient financial management within the town.
The financial policy manual town must include detailed financial policies, procedures, guidelines, and any updates or changes to the financial management process.
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