HomeMy WebLinkAboutR88-138BUDGET POLICY - 5 YEAR ADOPTION P~OCESS
065
~SOL~ION NO. R88-138
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PLAINVIEW, TEXAS ESTABLISHING A POLICY FOR THE ADOPTION
OF A FIVE YEAR BUDGET ON AN ANNUAL BASIS.
WHEREAS, at the City Council Retreat in Amarillo, Texas in
February, 1988, the City Council instructed the City Manager's
Office to prepare a formal policy addressing the annual adoption of
a five year projected budget on an annual basis; and
WHEREAS, said policy is attached and hereby made a permanent
part of this Resolution.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Plainview, Texas that the attached Budget Policy addressing the
adoption of a five year budget on an annual basis is hereby adopted.
I Carla J. Reese, City Secretary for the City of Plainview,
hereby certify that the above Resolution was adopted by the
Plainview City Council on May 10, 1988.
Carla J.R~se, City ~ecretary
Approved as to Content:
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066
CITY OF PLAINVIEW
CITY COUNCIL POLICY 880510
May 10, 1988
SUBJECT: 5 Year Budget Adoption Process
SCOPE:
This policy is established to provide guidelines, for the City
Financial Staff, in presenting the proposed 5 Year Revenue,
Operating and CapitaI Expenditure Budget for deliberation and
adoption by the City Council.
RESPONSIBILITY:
The Finance Director shall be responsible for seeing that the City
Financial Staff adheres to the guidelines set forth in this
policy.
GUIDELINES:
The adoption of the City of Plainview 5 Year Revenue, Capital
Improvements and Operating Expenditure Budget is one of the most
important planning tools that the City Council has in managing the
City's finances. So that the Mayor and City Council may have
adequate time to analyze the proposed 5 Year Revenue, Capital
Improvements and Operating Expenditure Budget, as prepared by the
Finance Director with the approval of the City Manager, the first
draft of the proposed 5 Year Budget is to be presented no later
than the month of February, of each year, along with a proposed
adoption timetable, as well as a summary sheet identifying the
methodology used in making the 5 Year projections of revenues
expenditures and the need for capital outlay. '
(Adopted by Resolution No. R88-138, May 10, 1988)
067
CITY OF PLAINVIEW
CITY COUNCIL POLICY 880510
SUBJECT:
5 Year Budget Adoption Process
May 10, 1988
,SCOPE:
This policy is established to provide guidelines, for the City
Financial Staff, in presenting the proposed 5 Year Revenue,
Operating and Capital Expenditure Budget for deliberation and
adoption by the City Council.
.,RESPONSIBILITY:
The Finance Director shall be responsible for seeing that the City
Financial Staff adheres to the guidelines set forth in this
policy.
GUIDELINES:
The adoption of the City of Plainview 5 Year Revenue, Capital
Improvements and Operating Expenditure Budget is one of the most
important planning tools that the City Council has in managing the
City's finances. So that the Mayor and City Council may have
adequate time to analyze the proposed 5 Year Revenue, Capital
Improvements and Operating Expenditure Budget, as prepared by the
Finance Director with the approval ~of the City Manager, the first
draft of the proposed 5 Year Budget is to be presented no later
than the month of February, of each year, along with a proposed
adoption timetable, as well as a summary sheet identifying the
methodology used in making the 5 Year projections of revenues,
expenditures and the need for capital outlay.
(Adopted by Resolution No. R88-138, May 10, 1988)