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HomeMy WebLinkAboutResolution 9919RESOLUTION NO. 9919 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA ADOPTING A FIVE YEAR FINANCIAL PLAN FOR 2025 THRU 2029 WHEREAS, the City Charter, Section 7.05 subdivision 1, calls for the City Council to have prepared a five year financial plan commencing with the ensuing calendar year; and WHEREAS, the City Council and staff have reviewed this document; and WHEREAS, the City Council shall discuss and take public comment at a City Council Meeting and adopt by motion or resolution the five year financial plan, with or without amendment; and WHEREAS, the City Council may subsequently amend the five year financial plan at their discretion upon proper public notice; and WHEREAS, the five year financial plan is a work -in -progress and a guide for the City Council and staff to make and plan for longer range decisions but does not bind or obligate future Councils. NOW THEREFORE, BE IT RESOLVED that the Mounds View City Council does hereby adopt the Five Year Financial Plan for the period 2025 thru 2029, as attached. Adopted this 13t" day of May, 202, ATTEST A'� Nyl ikm d, City Administrator (SEAL) ADOPTING A FIVE YEAR FINANCIAL PLAN FOR 2025 thru 2029 On May 13, 2024, pursuant to the City Charter Chapter 7 subdivision 5, the Mounds View City Council adopted a five year financial plan for the years 2025 thru 2029. This is a planning document and does not bind this Council or future Councils to a specific course of action until they take action on specific projects. A copy of the detailed plan is on file and available for public viewing at the office of the City Administrator. The plan is also posted in its entirety on the City's website, located at www.moundsviewmn.org/finance.