HomeMy WebLinkAbout1999-046-04/20/1999-SETTING FORTH THE PRINCIPLES FOR BUDGET PLANNING RESOLUTION 99-46
OF THE COUNCIL OF THE CITY OF FORT COLLINS
SETTING FORTH THE PRINCIPLES FOR BUDGET PLANNING
WHEREAS, the City of Fort Collins provides a wide variety of services to the residents of
the community; and
WHEREAS, it is the responsibility of City Council to adopt a budget and manage the
available resources during the fiscal year; and
WHEREAS, there are limited resources to meet the many needs of the community; and
WHEREAS, the allocation of limited resources and the prudent management of those
resources for the good of the whole community is a basic tenet for development of the City's budget;
and
WHEREAS, to aid in planning for the allocation of resources to meet the needs of the
community and to prudently manage those resources to meet the overall good of the community,
certain principles are needed to serve as a foundation for the development of the City's budget.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the following principles arc hereby adopted for budget planning:
a. The City should strive to attain the lowest possible interest rates on debt in order to
minimize the cost to taxpayers and users of City services.
b. The City should maintain adequate reserve levels to ensure minimal loss of service
to the community should there be unforeseen reductions in revenues or a catastrophic
occurrence.
C. Employees of the City are a valuable resource in providing services to the
community,and a compensation policy should be maintained for City employees that
reflects the value of attracting and retaining quality employees.
d. "Primary services," as described on Exhibit "A", attached hereto and incorporated
herein by this reference, are those services that are necessary for the good of the
entire community.They are basic to the safety,health,and welfare of the community,
and the allocation of all resources necessary for the provision of primary services is
the first priority in budget preparation.
e. "Secondary services," as described on 1?xhibit "A", are those services that enhance
the quality of life of the residents of the City and, to many, increase the value of
living and working in the community. While the value of those secondary services
is recognized, the allocation of resources to those services shall be considered only
after the necessary allocation has been made to fund primary services.
f. "Support services," as described on Exhibit "A", provide the management,
guidelines, and operational assistance to carry out the provision of primary and
secondary services. Resources should be allocated to these support services to
provide the level and quality of primary and secondary services expected and desired
by the community.
g. No new services, other than those identified as primary services on Exhibit A, shall
be undertaken by the City until all existing primary, secondary,and support services
have received a sufficient level of funding to meet the needs of the community.
h. Any adjustment to the existing budget shall take into account the effect that such
adjustment would have on future budget resources.
Section 2. That the City Manager is hereby directed to prepare a proposed amendment
to the City's Financial Management Policies which would incorporate the foregoing principles into
said policies, and to present to the same to the City Council for its consideration as part of the
upcoming budget process for fiscal years 2000 and 2001.
Passed and adopted at a regular meeting of the City Council held this 20th day of April,A.D.
1999.
Mayor
ATTEST:
—yu". � I 6 �-
City Clerk
EXHIBIT A
v
N
R
V � U
� C G
� V G
R
8 v o
R •3 3 °• ° E
izsxa �O
R
O � a
�✓ V Y
'c
N WG C a
R G m
N
Q cO i C N
_C = CD to O
p .CC � •� Q �a C �
f0 `
L O N i d Y « W j f6 O
E -O f0 N •+
K a V l7 d Z y y o
v E .. o
d
C V m
� tm
• � •� � a = dE � o
v 0 `
oad+ ai n
�
4-1
w° r^�
o U a
O �
Ucm
>. E
O A
R
N C O +,, .`. 2 i V
V E O C = Z
O a,vc V O. O a �
oN
m eo z � RAN � •� m E ;,a
` C� ` ` .D y p •C L M p
cP
d d
O v ec F V E l7 J V a
N V y
N O
.ry N
//L� I o awl v
�1 d Y R R G
a�
c G! =
y
C a C C
E N cmo.
N = O d _ .• d a c ".�
d d '6 d _ O. 3 d C N R o
cn
0- V1 m O lL .dr .0 d W 0
�