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GQAL t1O. $ evOl0pment v# a : Rla t> 0r pi.nancial..: <br /> Sufficiency in the Developr ent and Maniagement of the City <br /> The last few years have been ones in which the City of Mounds View has seen drastic <br /> cuts to the funds it receives from the State of Minnesota in the form of Local <br /> Government Aids. The cuts have been made, not prior to the year in question, but <br /> during the year.-- after budgets were set and expenditures allocated. The effect of the <br /> cuts has had dramatic effects on the City's ability to effectively plan for the future. <br /> While the City has consistently been financially prudent and has been financially <br /> conservative in its budgeting, the actions taken by the State to offset its financial <br /> difficulties have made it increasingly difficult for the City to meet growing demands on <br /> services whey levy limits and decreases in aid continue. <br /> Consequently, the goal is to develop a plan of action which will provide for the financial <br /> self-sufficiency and stability of the City. <br /> This goal will be achieved by: <br /> • Continue to explore opportunities and implement policies/procedures which <br /> optimize the utilization of City revenues with a concentration on user fee based <br /> services and enterprise programs. <br /> • Pursue a revenue producing recreational facility utilizing the Parks and Recreation <br /> Commission. <br /> • Continue to explore cooperative efforts with other communities, other government <br /> entities and the private sector to provide efficient and cost-effective service <br /> delivery. <br /> • Actively pursue development and redevelopment opportunities which will <br /> enhance the City's tax base and positive growth image. <br /> • Assume a proactive leadership role in legislative activities which impact the City's <br /> financial environment. <br /> PRELIMINARY DRAFT - DATED: MARCH 251993 <br />