The document outlines procedures to ensure the city's financial disclosures are fair, accurate, and compliant with securities laws. It establishes a Disclosure Working Group responsible for coordinating disclosure documents, determining content, and approving final versions. The group reviews primary disclosures like bond offerings and audited financial statements, as well as continuing disclosure requirements.

2. Purpose:
• Help ensure financial disclosures are:
• Fair and accurate
• Promote compliance with all applicable federal and state securities laws
• Timely satisfy all contractual obligations
• Promote best practices.
• Establish, maintain, and evidence
• Compliance with the City’s internal procedures
• Document the process for preparing and reviewing disclosure documents
• Assist with overall compliance with all of its continuing disclosure.
Intent:
• Periodically review and modify the document
This document was prepared in concert with
the City’s bond counsel

3. Disclosure Working Group (DWG):
• Director of Fiscal Services (Chair), Assistant Director of Fiscal Services,
Accounting Manager / Controller or the designee
• Financial Advisor
• Bond / Disclosure Council (Consult)
Responsibilities :
• Compliance and promoting compliance with federal and state securities laws
• Coordinating with various departments of the City regarding the content of the
Disclosure Documents,
• Determining the content of the Disclosure Documents,
• Reviewing and revising drafts of the Disclosure Documents with Bond Counsel
and Disclosure Counsel
• Approving the final versions of the Disclosure Documents.

4. Primary Disclosure
• Bond Offering Documents
• Other Disclosure Documents
• Review Process
Continuing Disclosure
• Audited Financial Statements & Annual Report
• Event Notices
• Voluntary Filings with EMMA (Electronic Municipal Market Access system,
operated by the Municipal Securities Rulemaking Board)
• Rating Agency Presentations
• Investor Presentations
• Website Disclosure
Processes:
• Annual Review of Procedures:
• Annual Training:
• Record Retention
• Disclosure Agent