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�� <br />�� <br />92 <br />93 <br />99� <br />9S <br />96 <br />97 <br />98 <br />99 <br />�oo <br />�a� <br />10� <br />103 <br />1�4 <br />1QS <br />1�6 <br />107 <br />108 <br />109 <br />110 <br />lxl <br />112 <br />113 <br />114 <br />115 <br />11& <br />City of <br />��� is�. ../ � ����JL <br />� i n USA <br />M n esata, <br />�pera��ng Budge� Policy <br />�'urpose <br />The pu�rpose o�' t�e City's Operating Budget PoIicy is io ensure t�at t�e City's annual operating <br />�xpendiiures are based on a s�able stream a� :revenues. The policies ar� designed to encaurage a <br />long-terrn persp�ctive to avoid purs�ing short-tezm ber�e�ts at the e�pense of fixture impacts <br />�e�. The inten� af tl�is polic� � is to � enable a sustai�able �a�l� level of services, <br />expendztures, and property i� levies. <br />Sc�o e <br />This ese polic� � appl�es � zz�ost critically to tlnase pragrams f�ndecl through �he prnperty tax, as <br />�,,,,..,,,��, ;� ;� ,r,��.+ a;��;,.,,�4 +„ .amni ._�;+�, fluctuation� in this revenue source can have substantial <br />��- <br />Palicy <br />C] The Ci�y will pay for alI c�rren� expe�ditures with c�e�t reveaaues. The City will <br />avaid budgetary prc�cedures that balar�ce current expenditures at ihe e�pense af ineeting <br />future years' expenses. Speci�"ically, accruing ��t�re year's revenu�s shal� bs prohibited. <br />Practices to be avoided include postponing e�penditures, rolling over �hort-tez�zx� debt, <br />and using reserves io balance �he nper�ting �udget <br />�` C�rnrrtent * Contrary to this policy, the City has relied on the use af <br />reserves to plug the budget gap in .� of the last 4 ttnnual budget yeaYs <br />�I The opearating buc�get wil� pravide for adequate �ainienance of ca�ital plant and <br />ec�uiprr�ent, and for th.eir arderly areplaceznent, xzaclud'zng lar�er znaintenance items such <br />as ro€�f ret�air and HVAC r�lacez�.��i. <br />117 <br />118 * Comment * Cont�a�y ta this palicy, the City daes NpT have the <br />� X9 necessary funding n�ec�ianisms in place to replace all City assets at the <br />120 end of thei� useful Zives. This has necessitated �eplacernent defe�r�als and <br />121 rx general �eliance an o�te-tirne monres <br />122 <br />123 � A�ropoz•tionate share o�' ihe admini�trative and general government cosis i�cu�ed by <br />124 the general operati�g fi�d o� the City shall be bor�e by all funds as is practicable. Suc� <br />l25 administrative chaxg�s shall be predeter�nined and budgeted annually <br />l26 <br />127 <br />128 <br />L29 <br />130 <br />�3X <br />132, <br />�33 <br />❑ New prog�'ams arr prqposals shall be reviewed in detail by City staff and boih a policy <br />and fi,scal analysxs shall be prepared prior �n budgetary inclusion, and provided to the <br />City Council �`ar � review <br />0 A request for a prograz�a or service expansion or reductinn must be supported by an <br />analysi� of public policy it�plicatio�s o� t�ie change <br />� <br />