Loading...
HomeMy WebLinkAboutRes 1848 - 2015-2020 Financial Planning Model and Capitlal Improvement ProgramCi of Tukwila Washington Resolution No. 1848 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2015- 2020 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 of 2015- 2020 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 2015-2020 Financial Planning Model and accompanying Capital Improvement Program, incorporated by this reference as if fully set forth herein. Section 2. A copy of the 2015-2020 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 biennially, 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 2015-2020. W:\Word Processing ResolutionsTinancial Planning Model & CIP 10-23-14 VC:bjs Page 1 of 2 PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this - day of CV 0 , 2014. ATTEST/AUTHENTICATED: Christy O'FI erty, MMC, Ci y C k APPROVED AS TO FORM BY: Rachel Turpin, City Attorney a Quinn, Council President Filed with the City Clerk: )1- 0-1(4 Passed by the City Council: ) )-1.3 ti Resolution Number: ,P4 W:\Word Processing\Resolutions\Financial Planning Model & CIP 10-23-14 VC:bjs Page 2 of 2 2015 -2020 Financial Planning Model and Capital Improvement Program adopted by Res 1848 may be found as a separate Laserfiche file titled: Res 1848: 201 5 -2020 Financial Planning Model and Capital Improvement Program