question archive You are the chief fiscal officer for a municipality and have been directed by the mayor's office to lead the development of a written debt policy statement

You are the chief fiscal officer for a municipality and have been directed by the mayor's office to lead the development of a written debt policy statement

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You are the chief fiscal officer for a municipality and have been directed by the mayor's office to lead the development of a written debt policy statement. You are aware of the risks of borrowing money and the grave importance of strong internal controls. What must be included in this policy if it is to be effective?

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