Council approves new Financial Leadership Framework
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RED DEER- A new financial framework that will help guide The City in making financial decisions was approved on Monday by City Council.
The framework will enable The City to explore more innovative service delivery options, provide financial information in more accessible and understandable ways and ensure the financial decisions, both big and small, are made with an understanding of the full range of options available.
The framework will be implemented over the next several years.
“The benefit of this framework is two-fold. It will certainly serve us in making sound financial decisions and recommendations to City Council,” said Paul Goranson, Director of Corporate Services. “But it will also result in improved financial reporting and communication with citizens and our community.”
