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HomeMy WebLinkAboutRes 1703 - 2010-2015 Financial Planning Model and Capital Improvement Program .vJ�Va X. y .te III 1 'lk �os C 1 1* ty of u la Washington Resolution No. I o3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2010 -2015 FINANCIAL PLANNING MODEL AND THE CAPITAL IMPROVEMENT PROGRAM FOR GENERAL GOVERNMENT AND THE CITY'S ENTERPRISE FUNDS. WHEREAS, when used in conjunction with the biennial City budget, the Capital Improvement Program (CIP) and the Financial Planning Model for the period 2010 -2015 are resource documents to help plan directions the City will consider for the future; and WHEREAS, the Financial Planning Model and Capital Improvement Program are not permanent fixed plans, but are guidelines or tools to help reflect future goals and future resources at the time budgets are being planned; and WHEREAS, the commitment of funds and resources can only be made through the budget process; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The City Council hereby adopts the 2010 -2015 Financial Planning Model and accompanying Capital Improvement Program, incorporated by this reference as if fully set forth herein. Section 2. A copy of the 2010 -2015 Financial Planning Model and accompanying Capital Improvement Program shall be kept on file in the City Clerk's Office. Section 3. The assumptions, revenues and expenditures will be reviewed and updated annually, or as necessary, by the City Council. Section 4. The detail of Capital Improvement Program projects will be reflected in the published Financial Planning Model and Capital Improvement Program 2010 -2015. PASSED BY THE CITY COUNCIL Or THE CITY O�TUKWILA, WASHINGTON, at a Regular Meeting thereof this T I day of Q-Q-(• 0,-Y h-C-r 2009. ATTEM TICATED: _t Joan Hernandez, Council President Christy O'FlahcWty, CMC, City Cldk APPROVED AS TO FORM BY: q Filed with the City Clerk: (2 0 Passed by the City Council: Gf#iee -6 Ci tt Resolution Number: 1 r, Attachment: Financial Planning Model and Capital Improvement Program 2010 -2015 W: \Word Processing \Resolutions \2010 -2015 Financial Planning Model CIP.doc GL:ksn 11/30/2009 Page 1 of 1