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HomeMy WebLinkAboutRes 1237 - 1993-1998 Financial Planning Model and Capital Improvement Program �J�v.11LA O .;0 Q cP r Z 1908 C ifty Washington Resolution No. 1237 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 1993- 1998 FINANCIAL PLANNING MODEL AND CAPITAL IMPROVEMENT PLAN. WHEREAS, the Financial Planning Model and Capital Improvement Plan (CIP) are two important parts in the City's long range planning; and WHEREAS, when used in conjunction with the annual City budget, the Capital Improvement Plan and the Financial Planning Model are resource documents to help plan directions the City will consider for the future; and WHEREAS, the Financial Planning Model and CIP are not permanent fixed plans but are rather guidelines or tools to help reflect future goals and future resources at the time annual budgets are being planned; and WHEREAS, the commitment of funds and resources can only be made through the annual budget process; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO HEREBY RESOLVE AS FOLLOWS: Section 1. The 1993 -1998 Financial Planning Model and accompanying Capital Improvement Program are hereby adopted. Section 2. The assumptions, revenues and expenditures shown in the model will be reviewed and updated annually or as necessary by the City Council. Section 3. Copies of the CIP and the Financial Planning Model will be kept on file by the City Clerk. PASSED BY THE CITY COUNCIL OF THE CITT�jj OF TUKWILA� WASHINGTON, at a regular meeting thereof this 1 day of ,CS/���r� -�%-P� ,1992. Allan Ekberg, Council side"'.- ATTEST/AUTHENTICATED: J ne E. Cantu, City Clerk APPROVED AS TO FORM: 4 A k /414 Office of the CitOttorney Filed with the Cit Clerk: /.Z Passed by the City Council: /.I V- 9 77�17 Resolution Number