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^ Update and provide awell-researched five year capital improvement program each year <br />^ Review and adjust fees and policies as part of the annual budgeting process <br />^ Research and pursue new revenue sources • <br />^ Pursue conduit bonding opportunities <br />^ Review and evaluate the city's long term financial needs and the city's current and future <br />financial resources to meet these needs <br />^ Continue to research and pursue new opportunities for reducing expenses by using more <br />.contracts and joint powers agreements to share equipment, personnel, and technology with <br />other levels of government <br />^ Maintain a contingency fund to be prepared for unexpected, but necessary, expenditures <br />^ Retain highly skilled and high functioning employees <br />^ Continue to meet the standards for the GFOA Award for Excellence in Financial Reporting <br />Strategy 5: Develop an a-mail capability to communicate with residents <br />Action Items• <br />^ Solicit a-mail addresses through monthly flyer and newsletter, at the front desk, on the city <br />website, and at community events <br />^ Solicit new resident a-mail addresses <br />^ ~ Create a resident listserv that is sectional and private <br />Strategy 6: Develop the capability to conduct any city to resident transaction online <br />Action Items: <br />^ ~ Utilize. an exception list for those things that we can not or choose not to do online <br />^ Develop policies ao address implementation of this goal <br />• <br />