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Regular City Council Meeting Monday,April 18,2011 Page 13 budget process, along with statutory and City Code requirements. Mayor Roe questioned if it made sense to incorporate those items into policies; and how funds were structured or added/deleted during upcoming discussions, may need to be reflected in the policies. Mr. Miller noted that staff typically structured funds on City Council direction or policy, or legal requirements dictating how funds were segregated; and advised that future policy discussions could be reflected in those documents. Mayor Roe questioned how funds were established through Council directive; with Mr. Miller advising that they were typically established through resolution, whether to designate or abolish funds and included as part of the City's formal published financial documents. Mr. Miller noted that other internal bookkeeping items were not part of that formal publication. Mayor Roe opined that it made sense to have a City Council discussion on specif- ic funds, their how and why, as the budget process proceeded; and why funds were segregated or not segregated, or included as part of the General Fund. Councilmember Johnson supported such a discussion. Johnson moved, Pust seconded, adoption of Resolution No. 10893 (Attachment A) entitled, "Resolution Adopting Financial and Budget Policies for the City of Roseville;"amended as follows: • Page 4,Line 96, typographical correction: "its" • Page 6, Line 138: change from a ten (10)year to a twenty (20)year Capital Improvement Plan (CIP) • Page 6, Line 146: change from a ten (10)year to a twenty (20)year Capital Improvement Plan (CIP) • Page 6,Line 167: change CIP years Councilmember Willmus suggested amending the General Fund reserve policy lower than 50%; and questioned if Councilmember Johnson had considered such amendment part of his motion. Councilmember Johnson responded negatively, but remained open to an amend- ment to the original motion. Councilmember McGehee noted that she had not considered this to be an action item tonight, and since this was all new territory to her, she expressed her prefe- rence to delay action until additional information requests from staff had been supplied, including a discussion on each separate funds, and potential reduction of the General Fund reserve policy.