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Washington <br />Resolution No. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF TUKWILA, WASHINGTON, ADOPTING UPDATED <br />POLICIES RELATED TO THE FINANCIAL PLANNING <br />MODEL AND OTHER GENERAL FINANCIAL <br />POLICIES; AND REPEALING RESOLUTION NO. 1897. <br />WHEREAS, the City Council and Mayor are committed to high standards of <br />financial management; and <br />WHEREAS, adopting and periodically updating and revising financial policies are <br />important steps toward ensuring consistent and rational financial management; and <br />WHEREAS, policies related to the Financial Planning Model and other general <br />financial policies are essential components of an overall financial management policy; <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, <br />WASHINGTON, HEREBY RESOLVES AS FOLLOWS: <br />Section 1. Financial policies related to the Financial Planning Model and policies <br />of a general nature, as evidenced in Exhibit A, are adopted. <br />Section 2. The financial policies related to the Financial Planning Model and other <br />general financial policies shall be reviewed on a regular basis and updated as <br />necessary. <br />Section 3. Repealer. Resolution No. 1897 is hereby repealed. <br />W:\Word Processing\Financial Planning Model policies and other general financial policies 10-19-18 <br />LH:bjs <br />Page 1 of 2 <br />151 <br />