
Pinehurst approves various policy updates
PINEHURST – The Village of Pinehurst Council met Tuesday, March 14, with multiple house cleaning resolutions and ordinances on the agenda. The council approved a resolution to amend terminology in the Fund Balance Policy in accordance with the Government Accounting Standards Board Statement No. 98, which changed specific language “in response to concerns raised by stakeholders that the common pronunciation of the acronym for comprehensive annual financial report sounds like a profoundly objectionable racial slur.” “This resolution is a minor change to the Fund Balance Policy just to update the reference to the Comprehensive Annual Financial Report that is currently…