Library Renovations: Updated: November 16, 2023: Note that the construction (hammer) noise is expected to ramp up in the coming days!

The scheduling of demolition and construction timelines are pending weather.

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Update of Financial Policies

About the Update of Financial Policies

Evaluate current financial policies and update where necessary to meet Government Finance Officers Association best practices.

Current Project Status

The need to develop policies was discussed with Council in September 2015. Staff is currently reviewing policies on fund balance, asset maintenance and capital improvement planning first.

Project Lead & Contact Info

Susan Cheung
Finance Director
Phone: 301-891-7242

Update of Financial Policies Details

Project Info & Timeline

  • Target completion date: Ongoing
  • Takoma Park’s role in project: Lead
  • Departments involved: Finance

Budget & Funding Source

Links & Notes

Overview of City Financial Reserve Policy

Project Directory Sections