Annual_Budget_1991_001 - Laserfiche WebLink

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OPERATING BIIDGET POLICIES PURPOSE To ensure the City's annual operating expenditures are determined based on a stable stream of expenditures. The policies are designed to encourage a long-term perspective to avoid pursuing short-term benefits at the expense of future problems. The policies will enable a stable level of services, expenditures, and tax levies. SCOPE These policies appl through the property with fluctuations in POLICY y most critically to those programs funded tax, because it is most difficult to deal this revenue source. The City will pay for all current expenditures with current revenues. The City will avoid budgetary procedures that balance current expenditures at the expense of ineeting future years' expenses. Specifically, accruing future year's revenues shall be prohibited. Specific practices to be avoided include postponing expenditures, rolling over short- term debt, and using reserves to balance the operating budget. The budget will provide for adeguate maintenance of capital plant and equipment, and for their orderly replacement. A proportionate share of the Administrative and General Government costs incurred by the general operating fund of the City shall be borne by all funds as is practicable. Such administrative charges shall be predetermined and budgeted annually. New programs or proposals shall be reviewed in detail by City staff, and both a policy and fiscal analysis shall be prepared prior to budgetary inclusion, and provided to the City Council for its review. . A request for a program or service expansion or reduction must be supported by an analysis of public policy implications of the change. A request for new personnel must be supported by an analysis demonstrating the need for the position based on workload measures, comparative staffing levels, and department priorities. D-1