Lake Wales (Current through Ordinance 2023-17, Adopted 7-05-2023) |
Code of Ordinances |
Chapter 2. Administration |
Article V. Financial Administration |
Division 4. Debt Policy |
§ 2-580. Credit objectives.
Latest version.
The city seeks to hold the highest possible credit ratings that can be achieved without compromising delivery of basic city services and achievement of city policy objectives. The city recognizes that external economic, natural, or other events may from time to time affect the creditworthiness of its debt. Nevertheless, the city is committed to ensuring that actions within its control are financially prudent.
(Ord. No. 2013-03, § 1, 2-5-13)