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Reg 2018-12-03 Item 5C - Ordinance/Resolution - 2019-2020 Biennial Budget / 2019-2024 Financial Planning Model and Capital Improvement Program
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Reg 2018-12-03 Item 5C - Ordinance/Resolution - 2019-2020 Biennial Budget / 2019-2024 Financial Planning Model and Capital Improvement Program
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11/29/2018 3:04:05 PM
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11/29/2018 3:04:02 PM
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Council Agenda Packets
Agenda Packets Date (mm/dd/yy)
12/03/18
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Regular Meeting
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rr <br /> �N IL4'%yl,A211 ,1 Oy <br /> � , <br /> .x�oa <br /> M1 <br /> Washington <br /> Resolution No. <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br /> OF TUKWILA, WASHINGTON, ADOPTING THE 2019- <br /> 2024 FINANCIAL PLANNING MODEL AND THE <br /> CAPITAL IMPROVEMENT PROGRAM FOR GENERAL <br /> GOVERNMENT AND THE CITY'S ENTERPRISE FUNDS. <br /> WHEREAS, when used in conjunction with the biennial City budget, the Capital <br /> Improvement Program (CIP) and the Financial Planning Model for the period of 2019- <br /> 2024 are resource documents to help plan directions the City will consider for the future; <br /> and <br /> WHEREAS, the Financial Planning Model and Capital Improvement Program are not <br /> permanent fixed plans, but are guidelines or tools to help reflect future goals and future <br /> resources at the time budgets are being planned; and <br /> WHEREAS, the commitment of funds and resources can only be made through the <br /> budget process; <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, <br /> WASHINGTON, HEREBY RESOLVES AS FOLLOWS: <br /> Section 1. The City Council hereby adopts the 2019-2024 Financial Planning Model <br /> and accompanying Capital Improvement Program, incorporated by this reference as if <br /> fully set forth herein. <br /> Section 2. A copy of the 2019-2024 Financial Planning Model and accompanying <br /> Capital Improvement Program shall be kept on file electronically by the City Clerk and <br /> accessible from the City's website in accordance with Washington State records retention <br /> schedule requirements and City policy, and shall be made available to the public upon <br /> request. <br /> Section 3. The assumptions, revenues and expenditures will be reviewed and <br /> updated biennially, or as necessary, by the City Council. <br /> W:\Word Processing\Resolutions\Financial Planning Model&CIP 10-29-18 <br /> VC:bjs Page 1 of 2 <br /> 241 <br />
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