HomeMy WebLinkAboutRes 1953 - 2019-2024 Financial Planning Model and Capital Improvement ProgramWashington
Resolution No. / (7
.„,
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TUKWILA, WASHINGTON, ADOPTING THE 2019-
2024 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 2019-
2024 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 2019-2024 Financial Planning Model
and accompanying Capital Improvement Program, incorporated by this reference as if
fully set forth herein.
Section 2. A copy of the 2019-2024 Financial Planning Model and accompanying
Capital Improvement Program shall be kept on file electronically by the City Clerk and
accessible from the City's website in accordance with Washington State records retention
schedule requirements and City policy, and shall be made available to the public upon
request.
Section 3. The assumptions, revenues and expenditures will be reviewed and
updated biennially, or as necessary, by the City Council.
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Section 4. The detail of Capital Improvement Program projects will be reflected in
the published Financial Planning Model and Capital Improvement Program 2019-2024.
PASSED BY THE CITY COUNICI OF THE CITY OF TUKWILA, WASHINGTON, at
a Regular Meeting thereof this day of 'b.(,() tz) , 2018.
ATTEST/AUTHENTICATED:
Christy O'FIa erty, MMC, City C
APPROVED AS TO FORM BY:
Rac
u,cit—tk
el B. Turpin, City Attorney
Verna Seal, Council President
Filed with the City Clerk:
Passed by the City Council:
Resolution Number:
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