Recognizing
the importance of sound financial policies and continuity in their
application, the policy makers and senior management of the Town of
Dedham have adopted broad policies. Although the basic principles
that were previously adopted still guide the Town's financial management,
policies continue to be evaluated based upon our experience and changes
in law, the economy and market conditions. The codification of these
principles demonstrates our resolve to affirm to Town Meeting and
the taxpayers that Dedham will continue to conduct business on a fiscally
responsible basis. The policies that have been established are:
These policies
will be reviewed and updated every five years or as required and will
be endorsed by the Town Manager, Town Treasurer, Finance Director,
Superintendent of Schools, Board of Selectman, Finance and Warrant
Committee and School Committee.