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HomeMy WebLinkAboutRes 1597 - 2006-2011 Financial Planning Model and Capital Improvement Program L A, Ir Ir Q: ;O Tukwila It O f Washington Resolution No. f 5 1 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2006 -2011 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 2006 -2011 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 2006 -2011 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 2006 -2011. PASSED BY THE CITY COUISCIL OF THE TY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this 9 day of 2005. ATTEST/ AUTHENTICATED: Pamela Linder, Council President 6 1 E. Cantu, CMC, City Clerk APPROVED AS,TO FORM: Filed with the City Clerk: /41-/-.0-5 Passed by the City Council: Resolution Number: 159 B O of th7ity orney C: \Documents and Settings \All Users\ Desktop \Kelly \MSDATA \Resolutions \Financial Planning Model CIP 2005- 2010.doc -1 KF:ksn 12/2/2005 Page 1 of 1