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EXHIBIT A <br />City of Tukwila <br />Financial Planning Model Policies <br />The six -year "Financial Planning Model and Capital Improvement Program" is the primary <br />financial policy document. It represents the culmination of all financial policies. <br />Revenues <br />Policy FP-1: Revenues will be estimated on a conservative basis. Increases greater <br />than inflation in the schedule known as the 6-Year Financial Plan "Attachment A," <br />General Fund Revenues and Expenditures, will require additional documentation. <br />Policy FP-2: Major revenue sources will require explanation in the document known <br />as "Attachment A 1," Notes to 6-Year Financial Plan - Revenues, Expenditures and <br />Fund Balance. <br />Operating Expenditures <br />Policy FP-3: Expenditures for the General Fund operations (schedule known as <br />"Attachment B," General Fund Operating Maintenance and Operations <br />DetailExpenditures) will only include basic inflationary increases at the beginning of <br />the budget preparation process. Proposed increases in programs or personnel will <br />require an issues and options paper and Council approval before being added to the <br />operating expenditures estimate. <br />Capital Expenditures <br />Policy FP-4: Project capital grants with local matching requirements can only be <br />applied for with express approval by the City Councitappropriate City Council <br />Committee. Grant applications should generally be shall be made only for projects <br />listed in the six -year Capital Improvement Program, although exceptions can be made <br />with approval by the appropriate City Council Committee - <br />Policy FP-5: If the proposed grants or mitigation are either not funded or are reduced, <br />the respective project will be reevaluated on the basis of its value and priority level <br />placement in the Capital Improvement Program. <br />Policy FP-6: The financing of limited benefit capital improvements (i.e. private <br />development) should be borne by the primary beneficiaries of the improvement. The <br />principle underlying limited benefit is that the property is peculiarly benefited and <br />therefore the owners do not in fact pay anything in excess of what they receive by <br />reason of such improvement. <br />Page 1 of 2 77 <br />