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HomeMy WebLinkAboutRes 1730 - 2011-2016 Financial Planning Model and Capital Improvement ProgramCity of Tukwila Washington Resolution No. 19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2011 -2016 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 2011 -2016 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 2011 -2016 Financial Planning Model and accompanying Capital Improvement Program, incorporated by this reference as if fully set forth herein. Section 2. A copy of the 2011 -2016 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 2011 -2016. PASSED BY THE CITY COUNCIL OF THE CITY F TUKWILA, WASHINGTON, at a Regular Meeting thereof this b day of c o )) s' , 2010. (A DAAl—al ATTEST / i\UTHENTICATED: ,47) Christy O'Flahrty, CMC, City Clerk APPROVED AS TO FORM BY: Off Of Attorney Dennis Robertson, Council President Filed with the City Clerk. 1'% Passed by the City Council: i b /O Resolution Number: )11-2 L2 Attachment: Financial Planning Model and Capital Improvement Program 2011 -2016 W \Word Processing\ Resolutions \ Financial Planning Model & CIP 2011- 2016.doc GL:mrh 12/01/2010 Page 1 of 1