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04-25-05 Regular Meeting of Fiscal Affairs Committee Minutes
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04-25-05 Regular Meeting of Fiscal Affairs Committee Minutes
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4/24/2017 1:39:35 PM
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City Meetings
Meeting Body
Fiscal Affairs Committee
Meeting Doc Type
Minutes
Date
4/25/2005
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• <br />®ll..~`e I ®1~7 a7Va7rG`~iT~® Itll~a~~®Itl®C~i~o 1 <br />Introduction <br />Like all organizations, The City of La Porte is faced with risks from wrongdoing, <br />misconduct, dishonesty and fraud. As with all Municipal business exposures, we must <br />be prepared to manage these risks and their potential impact in a professional manner. <br />The impact of misconduct and dishonesty may include: <br />o The actual financial loss incurred <br />o Damage to the reputation of our organization and our employees <br />a Negative publicity <br />o The cost of investigation <br />a Loss of employees <br />® Loss of customers <br />o Damaged relationships with our contractors and suppliers <br />Litigation <br />m Damaged employees morale <br />Our goal is to establish and maintain an environment of fairness, ethics and honesty for <br />our employees, our citizens, our suppliers and anyone else with whom we have a <br />relationship. To maintain such an environment requires the active assistance of every <br />employee and manager every day. <br />The City of La Porte is committed to the deterrence, detection and correction of <br />misconduct and dishonesty. The discovery, reporting and documentation of such acts <br />provides a sound foundation for the protection of innocent parties, the taking of <br />disciplinary action against offenders up to and including dismissal where appropriate, <br />the referral to law enforcement agencies when warranted by the facts, and the recovery <br />of assets. <br />Page 1 <br />8/16/2005- <br />
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