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6 <br />•The annual budget for the City’s enterprise operations will be self-supporting, providing <br />for the reasonable replacement of property, plant, and equipment, in addition to operating <br />expenses. Utility fees and other rates for service will be reviewed and adjusted annually to <br />ensure adequate funding for operating and capital expenses. <br />•Before adding a new program or service, the City will perform a cost-benefit analysis of <br />the proposed program or services. <br />•A summary of the City’s tax rates and Levy information based on the City’s Annual <br />Budget will be published in the City newsletter upon Council establishment of a <br />preliminary levy. <br />Approved by Council 06-24-2019