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Attachment B <br />In conclusion, having a AAA/Aaa rating is very prestigious. In order to <br />maintain that rating, we recommend the City consider the following: <br />Maintain reserve levels; balance budgets without tapping reserves <br />Monitoring long-term trends in both revenue and spending <br />Continue to monitor the actual expenditures to budgeted expenditures <br />on a quarterly basis, at a minimum, and adjusting the budget on an <br />ongoing basis <br />Report investments on a quarterly basis to the City Council <br />Maintain a five-year rolling C.I.P. and 5 year rolling operating budget <br />Ensure all policies are up to date,actively followed, and compare to <br />industry best practices including: <br />o Investment Policy <br />o Debt Management Policy <br />o Housing and Economic Development Policies <br />o Reserve and Liquidity Policies <br /> The <br />criteria used to determine a municipal rating is continually refined and <br />enhanced. It is important for the City to stay abreast of changes in the criteria <br />are maintained without threat of downward pressure going forward. <br /> <br />