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Goal 4: Environmental <br />Discussion: Review several items from staff and determine if were going in the right <br />direction. <br />Next Steps: More Council discussion and direction. <br />Goal 5: Financial Management Plan <br />Discussion: Determine fund balance goal, levy goal and capital equipment discussion and <br />debt study. <br />Next Steps: 1. July 3e Work session with Council on 2008 Budget and 2008 — 2012 <br />Capital Improvement Budget. <br />2. August 14'" Financial Management Plan Presentation. <br />The effort put in by staff on the implementation of all five goals has been excellent. <br />• Page 2 <br />