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1/2/2025 <br />20 <br />Long-Range Financial Planning <br />Key Financial Policies <br />Budget Principles <br />Key Financial Policies - <br />The Foundation of Fiscal Health <br />•Investment Policy <br />Setting guidelines for prudent investments of City funds <br />•Purchasing Policy <br />Establishing guidelines for the purchases of goods and services <br />•Debt Management Policy <br />Establishing guidelines for the issuance and management of all financings of the City <br />•Reserve Policy <br />Setting aside funds for emergencies and economic uncertainties <br />40 <br />39 <br />40 <br />Page 104 of 109