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12-14-10
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12-14-10
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. . <br /> . Finance has spent the last three months working on this model and gathering the <br /> necessary data for the historical information or the baseline forecast. <br /> We have a template which we are ready to present to the City Council, but this model is <br /> still a work-in-progress and we now need additional information from the City Council to <br /> continue working on the model. We need feedback from the Council to program the <br /> metrics for trend and correlation analysis. The model will help us produce alternative <br /> scenarios depicting favorable and unfavorable variations. <br /> Our finance intern, Kyle Howard, will do a brief presentation on the model and then will <br /> introduce and lead a discussion on the type of information on what type of indicators the <br /> Council would like to see us program into the model. <br /> We anticipate that the model will be ready to use for the 2012 budget cycle. <br /> Council Action <br /> Provide feedback and discussion to staff on the model and the Key Indicators that the <br /> City Council would like to see programmed into the model. <br /> • <br /> Ill <br /> City Council Meeting <br /> 1\Metro-inet\ardenhills\Admin\Council\Agendas&Packet Information120 10\11-15-10 Worksession\Packet <br /> Information\2A Long-Range Financial Plan.doc <br /> Page 2 of 2 <br />
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