Laserfiche WebLink
Subdivision 3. The Capital Improvement Program. This program shall consist of projects and <br />facilities that are or will be needed by the City in carrying out the anticipated program of public <br />services. It shall include a list of all capital improvements proposed to be undertaken during the <br />next five (5) fiscal years, with appropriate supporting information as to the necessity for such <br />improvements; cost estimates, method of financing and recommended time schedule for each <br />such improvement; and the estimated annual cost of operating and maintaining the facility to <br />be constructed or acquired. <br />Subdivision 4. A Revenue Program. This program shall consist of a tentative revenue policy <br />which describes five-year plans for financing public service and capital improvements. <br />Subdivision 5. The Capital Budget. This program shall be a summary on the basis of a five (5) <br />year period of the capital or money requirements for the above described programs. It shall list <br />a priority for each anticipated investment in community facilities and balance this with a <br />consideration of the availability of necessary revenues. <br />Subdivision 6. A summary of the five-year financial plan shall be published annually. <br />RECOMMENDATION <br />Charter Commission to review and receive the Five -Year Plan into the official record. <br />ATTACHMENTS <br />Resolution No. 24-169 Accepting the 2025-2029 Financial Plan <br />