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HomeMy WebLinkAboutRes 1568 - 2005-2010 Financial Planning Model and Capital Improvement Plan (Q 0 'r 1 =N 1 1908 C ity it a T o f u Washington Resolution No. 1540 d A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2005 -2010 FINANCIAL PLANNING MODEL AND THE CAPITAL IMPROVEMENT PROGRAM FOR GENERAL GOVERNMENT AND THE CITY'S ENTERPRISE FUNDS. WHEREAS, when used in conjunction with the annual City budget, the Capital Improvement Program (CIP) and the Financial Planning Model for the period 2005 -2010 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, HEREBY RESOLVES AS FOLLOWS: Section 1. The 2005 -2010 Financial Planning Model and accompanying Capital Improvement Program are hereby adopted. Section 2. The assumptions, revenues and expenditures will be reviewed and updated annually or as necessary by the City Council. Section 3. The detail of CIP projects will be reflected in the published Financial Planning Model and Capital Improvement Program 2005 -2010. PASSED BY THE CITY CO NCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Special Meeting thereof this day of 2004. ATTEST/ AUTHENTICATED- Hag Council President Jane E. Cantu, CMC, City Clerk APPROVED AS TO FORM. Filed with the City Clerk:42 Q d 04 Passed by the City Council. Resolution Number• f B ce of the it Attorney Financial Planning Model CIP 2005 2010 12/10/04 Page of 1