H.1 Audit
As required by the Colorado Revised Statutes, Local Government Audit Law, 29-1-601 through 29-1-608, and Library Law, 24-90-109, the Board of Trustees of the Arapahoe Library District shall ensure that an annual audit of the financial affairs...more
H.2 Authorization of Expenditures
It is the policy of Arapahoe Library District to monitor expenditure of public funds judiciously, ensuring compliance with annual budgetary appropriations, adherence to the Purchase Policy in acquisition of goods and services, and accuracy...more
H.3 Banking
It is the policy of the Arapahoe Library District to safeguard the public funds for which it is responsible through an efficient cash management program. Funds will be held only by banks which insure their funds through the Federal Deposit...more
H.4 Budget
Annual budget preparation by the Arapahoe Library District will follow all statutory requirements as stipulated in the Colorado Local Government Budget Law, Section 29-1-101 et seq., C.R.S. The budget, or financial plan, of the...more
H.5 Capital Asset
It is the policy of Arapahoe Library District to record Capital Assets in the Government-Wide financial statements. Capital Assets represent land, buildings, vehicles, equipment and materials owned by the District and acquired by purchase...more
H.6 Collection Agency
It is the policy of the Arapahoe Library District to provide fair and equal access of materials to all patrons. To ensure this access, the District utilizes the services of a collection agency as a last resort to recover library materials which have...more
H.7 Debt Management Policy
The Debt Management Policy sets forth comprehensive guidelines for the financing of capital expenditures. It is the objective of the policy that (1) the District obtain financing only when necessary, (2) the process for identifying the timing...more
H.8 Internal Auditing
It is the policy of the Arapahoe Library District to support internal controls and fraud prevention through implementation of a comprehensive internal auditing function, managed through the Finance Department. Internal control is designed...more
H.9 Investments
Scope: This investment policy applies to activities of the Arapahoe Library District with regard to investing the financial assets of the Library District and all component units. Objectives: Funds of the Arapahoe Library District will...more
H.10 Performance Measurement
It is the policy of the Arapahoe Library District to develop and use meaningful performance measures that identify financial and program results, assess past program performance, and facilitate program and service delivery improvements...more
H.11 Purchasing
This purchasing policy is intended for the internal use of the Library District and its purpose is: to provide a responsible method of accountability, to maintain budgetary control over purchases, to assure organizational efficiency...more
H.12 Reimbursement for Travel
It is the policy of Arapahoe Library District to reimburse employees, the Director and members fo the Board of Trustees for reasonable, authorized travel expenses incurred in business-related activities for the District. Reimbursable...more
H.13 Whistleblower
It is the policy of the Arapahoe Library District to encourage high standards of ethical conduct and behavior in all areas of operations. The District is committed to compliance with the laws, regulations and guidelines which strengthen...more