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East County Fire and Rescue adopts new financial policies

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The East County Fire and Rescue (ECFR) Board of Fire Commissioners have adopted new, comprehensive financial policies.

ECFR provides services over 60 square miles and serves around 10,500 residents in southeast Clark County.

The fire district’s new financial policies are part of a long-term financial plan for the district and were developed after a thorough review and using guidelines from the Government Finance Officers Association (GFOA).

The policies, which comply with state and federal laws and best practice in municipal finance, address: budgeting and procurement; finance and accounting; travel and expense reimbursement; asset management and district resource use; revenue and investments; financial reserves; debt management and capital projects; grant processes; risk management; transparency and accountability; and long-term financial planning.

Key aspects of these policies include maintaining the district’s conservative approach to fiscal management, accountability and transparency in its fiscal affairs and governance and sustainability.

The new policies are part of the district’s long-term financial plan and 2024 comprehensive budget, and reflect ECFR’s commitment to use funds wisely and maintain a safe community.

The district’s long-term financial plan and proposed 2024 budget can be found online at ecfr.us.