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2002 Approved Budget
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2002 Approved Budget
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6/19/2012 1:16:02 PM
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6/19/2012 1:10:56 PM
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Fiscal Policies <br />Introduction <br />The following set of fiscal policies provides a framework to guide the City's budget and <br />financial planning. Each policy includes a Purpose, Policy, and an Implementation section. The <br />Purpose section describes the intent of the policy. The Policy section describes the policy itself. <br />The Implementation section provides a way to evaluate the City's progress toward carrying out <br />the policy. <br />The policies are separated into three distinct categories: <br />City Operational Policies These policies apply to general directions and methods, <br />which may not be specific to the budget but do have an ultimate impact on the process since the <br />budget is a reflection of the Council's community goals and priorities. <br />Budget Policies These policies are more typically directly related to budgeting <br />guidelines and specific details. <br />Special Program Policies The City may have special programs, which require specific <br />policies not normally covered in the previous categories but have significant impacts on the <br />annual budget. <br />As part of the process, the Council formally adopts these policies each year at the time of the <br />final budget approval. <br />
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