Debt Management Objectives Risks Ensure that state and federal regulations are understood and Debt issuances not in compliance with state law followed in regard to issuance of debt. Ensure that all grant regulations are understood and followed in Violations of the policies of the OSLF regard to issuance of debt. Ensure that note disclosures in the financial statements contain all Additional effort with the annual budgetary practices required elements. Potential for defaulting on principal and interest payments Segregation of Duties Considerations
Debt Management Objectives Risks Ensure that state and federal regulations are understood and followed in regard to issuance of debt. Debt issuances not in compliance with state law Ensure that all grant regulations are understood and followed in regard to issuance of debt. Violations of the policies of the OSLF Ensure that note disclosures in the financial statements contain all required elements. Additional effort with the annual budgetary practices Potential for defaulting on principal and interest payments Segregation of Duties Considerations
Policy%2Band%2BProcedure%2BDevelopment%2BGermantown%2BClass_1.docx